LAWMAKER SETS 'LIBERAL' CRITERIA

PUBLISHED : Tuesday, 02 November, 1999, 12:00am
UPDATED : Tuesday, 02 November, 1999, 12:00am

Liberal Party legislator Howard Young, who represents the tourism sector, said he was glad a deal with Disney had been struck and he would use the following criteria to assess it: Financial return to the public from use of the land. 'I would not accept giving land away on a platter for nothing,' he said; Return on the Government's investment, with a low return being acceptable; Allowing other theme parks to be built in the area. An MGM film studio park and Splendid China theme park had been built near Disneyworld in Florida; Opportunities for investors to build hotels nearby and to benefit from the eventual disposal of the Government's holding, perhaps by selling shares; The amount of infrastructure to be built by the Government such as highways, sewerage, railways and connections with public utilities. 'I would accept these as being public expenditure for the whole society.' Mr Young said he believed the criteria were liberal.