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Transcript of SDEV's media session

     Following is the transcript of remarks by the Secretary for Development, Mr Paul Chan, today (September 20) on the North East New Territories New Development Areas project:

Reporter: Could you please explain more about the resettlement plan that may involve $40 billion?

Secretary for Development: The amount I just gave includes resettlement and compensation. The details have to be approved by the Executive Council. For the details, I am sorry that at this moment I cannot release.

Reporter: Will the compensation plan, like what you said during the programme, be similar or even better than the compensation plan before and the Choi Yuen Village case?

Secretary for Development: That is the principle that we have been adopting.

(Please also refer to the Chinese portion of the transcript.)

Ends/Thursday, September 20, 2012
Issued at HKT 11:49


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