HONG KONG

LEGISLATIVE COUNCIL 11 January 1989 香港立法局————————————一九八九年一月十一日

12

一九八八至八九年度會期內省覽的文件

(40) 香港工業邨公司一九八七至八八年度年報

(41) 緊急救濟基金

由受託人就截至一九八八年三月三十一日止 整年情況所編寫之年報

(42) 警察福利基金

截至一九八七年三月三十一日止之收支帳目連同

資産負債表及核數署署長之證書

(43) 社會工作訓練基金

由受託人就截至一九八八年三月三十一日止

整年情況所編寫之第二十七年度報告

(44) 職業訓練局一九八七至一九八八年度年報

(45) 香港貿易發展局年報及帳目報告一九八七至八八年度

Address by Member presenting papers

The Hong Kong Industrial Estates Corporation Annual Report 1987-88

MR. CHEONG: Sir, it gives me great pleasure to table the Annual Report of the Hong Kong Industrial Estates Corporation and to report that 1987-88 was the corporation's best year on record, with grants of land totalling 19.6 hectares through a total of 20 Agreements for Lease. By comparison, the average area of land granted in the three previous years was 8.5 hectares, with the previous best year, 1985-86, totalling 11.2 hectares. The strong demand reported in the two previous years continued but at an even quicker pace. The varied nature of the companies applying and meeting the corporation's selection criteria undoubtedly helps to broaden Hong Kong's industrial base. Moreover, the average committed investment of grantees rose during the year from $53 million per hectare to $68 million per hectare. This is an encouraging sign of more capital- intensive operations being attracted to Hong Kong.

The year, Sir, saw a large site granted on the Tai Po Estate to the first of a number of multi-national companies involved in compounding and production of master batches and feedstock for use by the plastics conversion industry. It also saw the signing of an agreement for the construction of an advanced semi- conductor facility incorporating an important design centre on another large site in the high technology zone on the Tai Po Estate.

Share This Page