The following is the transcript (English portion) of Secretary for Housing, Planning and Lands, Mr Michael Suen, speaking to the press after officiating at the opening ceremony of the Urban Renewal Authority's Information Centre this (September 19) afternoon.
Reporter: Could you give us some details on how the urban renewal projects are going to split between the Housing Society and the URA, in terms of like who will be in control of what? What are the benefits? And will this arrangement eventually diminish the function of URA?
Secretary for Housing, Planning and Lands: I think the URA will of course in total control of all policies and they are the authority in respect of urban renewal. We all know there are many projects to be undertaken by the Authority and there is a desire to speed up the process. And so we take the opportunity and try to seek the cooperation of the Housing Society so that certain projects can be entrusted to the Housing Society with a view to speeding up the process.
Reporter: What will the Housing Society do then if URA . . . ?
Secretary for Housing, Planning and Lands: It is sharing out the workload. As I said, there are many projects to be undertaken and there is a desire to speed up the process. And so, in this sense the Housing Society is resourced in terms of financial and also human resources. They are well placed to help the URA to undertake certain projects. And so the form of partnership is in a form the entrustment of works so that certain work can be entrusted to the Housing Society to do it on behalf of the URA.
(Please also refer to the Chinese portion of the transcript.)
End/Thursday, September 19, 2002