Proposal for backup land under study

PUBLISHED : Thursday, 25 March, 1993, 12:00am
UPDATED : Thursday, 25 March, 1993, 12:00am

THE Government is studying an approach to provide backup land under longer tenure for the handling of containerised cargo.

The Secretary for Economic Services, Mrs Anson Chan Fang On-sang, told legislators the annual growth in the volume of containerised cargo handled by mid-stream operations would be about 13 to 16 per cent in the next five years.

The cargo was mainly handled by facilities located on land held under short-term tenancies, she said.

There was also insufficient backup land with waterfront for such operations, Mrs Chan said in a written reply to legislator Dr Huang Chen-ya's question.

''There should be a more systematic approach with land being provided under longer tenure,'' she said.

To this end, the Government was carrying out an in-house study on ways to achieve this. The results should be available by October, she said.