TNAG-2145-FCO40-3064-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-1990 — Page 98

1990-10-31 23:20 G.L.S

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international investors play a key role. Both they and our

own increasingly sophisticated community expect appropriate

standards of business conduct and accountability.

The long

Accordingly, we

Kong market, more than most, depends for its future growth

on developing its international dimension.

will continue to place a high priority on enhancing the

fairness, transparency and efficiency of our markets.

15.

We are conscious of the need

to

balance the

interests of different groups of market players. In doing

So,

we shall not lose sight of the overall interest of the

We shall play this

role with sensitivity and good common sense.

market and the Hong Kong community.

Port and Airport Development Strategy

16.

sir,

I shall now turn to the Port and Airport

Development Strategy or PADS on which over 30 Members spoke. This

My

reflects the importance of the Strategy to liong Kong.

impression is that the great majority of Members who spoke

on the subject endorsed PADS, and in particular the

provision of a replacement airport to meet the needs of our

growing economy, But I also detected some lingering doubt

as to whether we could afford such a considerable financial

outlay over a relatively short period.