TNAG-2141-FCO40-3060-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-1990 — Page 152

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

18

Q28.

Unidentified.

How much is the Land Fund worth?

A. How much is the Land Fund worth? whether it has been announced or not. much it is, but has it been published?

Q...Seventeen billion.

A.

I can't remember I mean, I know how

Seventeen billion.

Yes, it was in the papers, so it must be true. seventeen billion in the SAR Land Fund.

There is

Q29. Unidentified. The economy has slowed down a bit. Do you think the demand is still there, in particular for the port development projects.

or so,

If

A. The demand has to be assessed over a period of time. you get a slow-down for a matter of months, or even a year

I think you would have to assess it very carefully

I mean at the moment we before you started to phase. believe that the demand is there. Maybe at the end of the year or so we could actually think about phasing a little bit more.

We do have various mechanisms for assessing port development. But, I mean it is too early to say at this stage that we don't need some of these port facilities. Because we believe we do.

Thank you very much.

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