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CONFIDENTIAL
5784
OCMIAN 5784
CONFIDENTIAL
OO HOKON
PP HKBTC
FM FCOLN TO HOKON
071700Z JAN
GRS 425
CONFIDENTIAL
нин
Han 090/1
RECEIVED IN REGISTRY
0 8 JAN 1986
DESK OFFICER
TRY
FM FCO
INDEX
PA
then
TO IMMEDIATE HONG KONG
TELNO 42
Све
OF 071700Z JANUARY 86
INFO PRIORITY BTC HONG KONG
090/1 (1985)
36
YOUR TELNO 1913 OF 1985: NORTH OF ENGLAND DEVELOPMENT COUNCIL
(NEDC)
1.
HKD REPRESENTATIVES MET WITH THOSE OF DTI AND NEDC ON
11 DECEMBER TO DISCUSS THE PROPOSAL SUMMARISED IN DTI INDUS 337.
AT THE MEETING NEDC PRESENTED THEIR CASE FOR PROCEEDING TO OPEN A
FULL-TIME OFFICE IN HONG KONG AS FOLLOWS:
(A)
(B)
(C)
(D)
NEDC HAVE BEEN ACTIVE IN THE FAR EAST FOR 10 YEARS. THEY
HAVE ATTRACTED TO THE NORTH EAST ONE COMPANY FROM
SINGAPORE, 8 FROM JAPAN AND 3 FROM HONG KONG.
FOR THE PAST 3 YEARS THEY HAVE OPERATED IN HONG KONG VIA
A PART-TIME HONG KONG OFFICE RUN BY BILL WELTON OF
CHEVIOT MANAGEMENT CONSULTANTS (AT ABERDEEN).
THE PROPOSED HONG KONG OFFICE (WHICH WOULD REPLACE THE
PART-TIME ARRANGEMENT) WOULD COVER THE FAR EAST AS A
WHOLE. JAPAN WOULD REMAIN THE MAIN NEDC TARGET,
ACCOUNTING FOR ABOUT HALF OF NEDC'S INWARD INVESTMENT
PROMOTION ACTIVITY IN THE REGION. THE OTHER HALF WOULD
BE SPREAD BETWEEN HONG KONG, SOUTH KOREA, SINGAPORE AND
CHINA.
IN HONG KONG NEDC WOULD CONTINUE TO PROJECT THE LOW
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