| News
Stories: |
 |
Click-on
these handy "jump links" to quickly access the news item you're
looking for.
1.
Hub winner faces $50b bill for building
arts facilities
2.
$10m
plan takes root for the greening of Central
1. Hub winner faces $50b bill for building arts facilities
DIKKY SINN, SCMP 9 October 2005
The
successful bidder for the West Kowloon Cultural District could face
a bill as high as $50 billion for the arts component of the project.
Chief
Secretary Rafael Hui Si-yan yesterday clarified in a meeting with
two lawmakers that developers would have to pay the cost of construction
of the controversial canopy, art and cultural facilities and an
automated train service.
This
is in addition to an upfront $30 billion payment to a trust fund
for the operation and maintenance of the facilities.
Independent
legislator Albert Cheng King-hon estimated the construction cost
could stretch the total investment on the arts component of the
hub to at least $50 billion. The Hong Kong Institute of Surveyors
put the construction cost of the arts facilities at about $12 billion,
taking the total bill to $42 billion.
"If
it's $50 billion, I would not participate in the project [if I was
a developer] because there's not much profit to be made," Mr
Cheng said after the meeting.
Secretary
for Housing, Planning and Lands Michael Suen Ming-yeung yesterday
said the $30 billion for the trust fund was only an assumption which
was subject to changes according to annual returns and inflation.
"If these factors change in the future, the amount will be
adjusted. But it will be in no relation to the profit," he
said.
Permanent
Secretary for Housing, Planning and Lands Rita Lau Ng Wai-lan said
the new requirement for the winning bidder to carve out at least
half of the residential and commercial gross floor area for other
developers was in response to public opinion and to encourage competition.
She
said there would be mechanisms to prevent the winning developer
owning all the best land at the site.
Spokesmen
for Henderson Land Development and the joint bid of Sun Hung Kai
Properties and Cheung Kong (Holdings) yesterday declined to comment
on the new model for the project, saying they were now studying
the revised plan.
Henderson
chairman Lee Shau-kee said on Friday that his company would go ahead
with the project if they won, even if the profit margin was small.
The
government will have to start the cultural hub project all over
again if two bidders decided to drop out. But Mr Cheng believed
the government already had a back-up plan. The three shortlisted
bidders have until the end of January to decide whether they want
to stay in the running for the project.
2. $10m plan takes root for the greening of Central
RAYMOND MA, SCMP 9 October 2005
Splashes of colour could transform grey areas
in Queensway and near the Star Ferry. SCMP photo
Stretches
of roads in Central could be ripped up and replaced with grass under
proposals to make the district greener.
The
concept has been suggested by the government as part of a $10 million
plan presented to the Town Planning Board this week to beautify
Hong Kong's financial district.
Nothing
has been finalised yet, but Hong Kong Tramways has been asked by
the civil engineering department to study the feasibility of replacing
parts of the road carrying trams but not cars - such as the central
region of Queensway - with a living grass surface, an official said.
"It's
a concept we got from other countries," said Wilson Pang Wai-shing,
a senior engineer for the department.
"We
are considering whether it is suitable for Hong Kong. We actually
haven't thought about how to go about this yet, but we have asked
the tram company to study this because it will have an effect on
their operations.
"We
were hoping they could tell us whether this concept is doable in
Hong Kong," he added.
Grass-planting
along tram lines has been implemented by a number of European cities
including Strasbourg in France, Barcelona in Spain, and Dusseldorf
in Germany.
Mr
Pang said grass could be planted inexpensively along stretches of
tracks where cars and other vehicles were unlikely to go.
If
given the go-ahead, the concept will form the second stage of the
government's plans to introduce more greenery to Central.
Meanwhile,
the department has proposed a short-term plan, beginning for next
year, to plant a range of colourful flowers and trees in the area,
depending on available funds. The department has so far asked for
$10 million to press ahead.
The
third and final stage envisions the building of landscaped decks
joining footbridges over the junction of Connaught Road, Central
and Pedder Street, and an avenue of trees along the former road.
"It's
part of an initiative to provide greenery to the urban district.
We've already begun work in Tsim Sha Tsui, and now we are looking
at what we can do in Central. Hopefully if it all works we can expand
it to other areas," Mr Pang said.
Maintenance
work after the planting stages are completed will be shouldered
by a number of departments.
The
government has also said that it wants to enlist the services of
private developers in developing and maintaining green spaces.
|