JAN 15 '230 09:33
HK GOVT 682 840 1821
75,
BY
FAX
From: STI (John Chan)
Date: 15 January 1990
HKB 026)
RECEIVED IN
GH (Leeks)
No. of pages: One
DES
INDEX
0 8 FEB 1990
EGISTRY
ction Taken
Material for S of S's Speech
Following are
L
Some
23%
(VISIT)
Figures on
significant post-June 4 foreign investments in Hồng Kong manufacturing sector:
2.
(a) ICI/Swire Paints (UK/HK joint venture)
(b)
(c)
(a)
(e)
(£)
Investment of HK$160 million in a HK-based regional trading and manufacturing package.
Advanced Semiconductor Assembly Technology
(Europe/Singapore)
Investment of HK$120 million in a semiconductor assembly house.
Daido Concrete Co. Ltd. (Japan)
Investment of HK$80 million to expand production of steel and concrete composite piles.
NEC Corporation (Japan)
Investment of HK$33 million for producing personal computers, disk drives and low-end printers.
Lambda Magnetics Ltd. (Japan/HK joint venture)
Investment of HK$20 million to manufacture flopPY disc plastic envelopes and casette boxes.
Multiform (HK) Ltd (Australia)
Investment of HK$9 milion for major expansion and introduction of latest printing technology.
Major investments (other than
include the following:
(a) Garden Road site
Sold for HK$2.7 billion.
manufacturing)
Citicorp is a partner
(precise share unknown but believed to be about 18%).
(b)
Cable TV/telecommunications network
Ends.
Total investment will be over HK$5 billion.