ENG-1960 — Page 53

MILLION DOLLARS

600

FORECAST OF NON-RECURRENT EXPENDITURE

ON PUBLIC WORKS 1960 1970

560

520

480

The phenomenal growth of Hong Kong creates its own problems in budgetting for a Public Works programme. This forecast indicates what the bill over the next 10 years would be if all desirable projects (and some people regard them as basic minimum!) were to be carried out, Govern- ment is committed to costly water supply and resettlement and low cost housing programmes. The building of roads (to link planned new towns to the cities) is also a big item. The forecast takes no account of a harbour tunnel or bridge. indicates notional expenditure (details not worked

out), but readers should remember that few governments in present day economic and social conditions dare to regard any estimate at all for more than three years' ahead as more than guesswork.

440

400

360

320

280

་

HONG KO

240

200

160

120

GENERAL ENGINEERING

BUILDINGS ETC.

PUBLIC

80

WATER WORKS

40

書

RIES

1960/61 1961/62 1962/63 1963/64 1964/65 1965/66 1966/67 1967/68 1968/69 1969/70