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NEARLY 60 PERCENT OF ALL GOVERNMENT FUNDED CONTRACTS. IN ADDITION, THE PROVISIONAL AIRPORT AUTHORITY FROM ITS OWN BUDGET -AS AWARDED CONTRACTS TO A VALUE OF HKD 10 BILLION. A FURTHER 15 ACP CONTRACTS WILL BE AWARDED BEFORE THE END OF THIS YEAR, 20 MORE IN 1994 AND 5 IN 1995. OUR CONSULTING ENGINEERS, CONTRACTORS AND SUPPLIERS OF ELECTRICAL AND MECHANICAL EQUIPMENT ARE NOW STRONGLY POSITIONED IN THE MARKET AND WELL PLACED TO TAKE FULL ADVANTAGE OF NEW BUSINESS OPPORTUNITIES. AS WELL AS OUR RECENT JOINT VENTURE SUCCESSES WITH THE AIRPORT PLATFORM CONTRACT, THE LANTAU EXPRESSWAY, TSING MA BRIDGE AND THE DESIGN PROPOSAL FOR THE NEW AIRPORT TERMINAL, BRITISH COMPANIES (SUCH AS AMEC, TRAFALGAR HOUSE, COSTAIN AND BALFOUR BEATTY) MUST BE IN A GOOD POSITION TO WIN SOME OF THE REMAINING CIVIL CONTRACTS. TRAFALGAR HOUSE IN PARTICULAR ARE PUTTING A LOT OF EFFORT INTO THIS REGION.
5. ON ENVIRONMENTAL PROTECTION MEASURES, DETAILED ENGINEERING DESIGN CONSULTANCY WORK ON PHASE I OF THE HIGH PRIORITY SEWAGE STRATEGY SCHEME IS EXPECTED TO BE AWARDED IN SEPTEMBER. THIS CALLS FOR A NETWORK OF TUNNELS ALONG THE KOWLOON PENINSULA AND A HUGE MULTI-STOREY TREATMENT PLANT UNDER STONE CUTTERS ISLAND. THE COST IS ESTIMATED TO BE IN THE REGION OF HKD 4 BILLION. FOUR GROUPS OF BRITISH CONSULTANTS ARE SUBMITTING BIDS: ALL ARE STRONG IN THIS MARKET AND WELL PLACED TO SECURE SOME OF THE BUSINESS. OTHER MAJOR ENVIRONMENT RELATED PROJECTS PLANNED TO BEGIN IN 1993/94 INCLUDE SEVERAL SEWAGE IMPROVEMENT SCHEMES, THE HONG KONG ISLAND WEST REFUSE TRANSFER STATION AND THE RESTORATION OF LAND FILL SITES. AGAIN, THIS IS THE SORT OF WORK WHICH PLAYS TO BRITISH STRENGTHS. ON RAILWAYS, THE GOVERNMENT RECENTLY PUBLISHED ITS RAILWAY DEVELOPMENT PUBLIC CONSULTATION DOCUMENT WHICH OUTLINES PLANS FOR THE TERRITORY'S RAILWAY SYSTEMS UNTIL 2011. ALTHOUGH FINAL DECISIONS ARE A LITTLE WAY OFF STILL, IT IS THOUGHT THAT THE WESTERN CORRIDOR PROPOSAL WHICH WILL INVOLVE BUILDING A CONTAINER FREIGHT LINE TO KWAI CHUNG CONTAINER TERMINAL, A LONG DISTANCE PASSENGER SERVICE TO CHINA AND A LOCAL COMMUTER SERVICE LINKING TWO NEW TOWNS TO THE URBAN AREA WILL BE GIVEN THE GO-AHEAD. THIS PROJECT ALONE HOLDS GOOD PROSPECTS FOR THE MANY BRITISH COMPANIES WHICH HAVE WORKED CLOSELY AND SUCCESSFULLY WITH THE MTRC AND KCRC OVER THE PAST 15 YEARS. IN ADDITION, HKD 1 BILLION HAS BEEN EARMARKED FOR IMPROVEMENTS TO THE TSUEN MUN HIGHWAY WHERE WORK WILL COMMENCE LATER THIS YEAR. A NUMBER OF BRITISH COMPANIES HAVE EXPRESSED A KEEN INTEREST IN THIS PROJECT. LOOKING SLIGHTLY FURTHER AHEAD, THERE ARE PROPOSALS TO BUILD A SECOND RAIL LINK TO THE CHINESE BORDER AND TO EXTEND TO THE MTRC UNDERGROUND SYSTEM.
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