CONFIDENTIAL
FM FCO
TO IMMEDIATE BTC HONG KONG
TELNO 52
OF 18153OZ FEBRUARY 91
INFO IMMEDIATE HONG KONG
CONFIDENTIAL
Q
Merre 121/2
055342
MDHOAN 8077
TOP COPY Q DIST?
Pa
YOUR TELNO 7 AND HONG KONG NO 25: PROMOTION OF INWARD
INVESTMENT FROM HONG KONG
1.
THE REVISED GUIDELINES ON INWARD INVESTMENT PROMOTION IN HONG KONG WERE ADOPTED BY THE COMMITTEE ON OVERSEAS PROMOTION (COP) ON 14 FEBRUARY AND WILL TAKE IMMEDIATE EFFECT. A COPY OF
THE FINAL VERSION IS BEING FAXED TO YOU.
2.
COP MEMBERS WELCOMED THE CHANGES, ALTHOUGH THEY WERE REALISTIC ABOUT WHAT THEY WOULD MEAN IN REAL TERMS. IT WAS GENERALLY AGREED THAT HONG KONG WAS LIKELY TO REMAIN A RELATIVELY LOW PRIORITY MARKET AS FAR AS INWARD INVESTMENT OPPORTUNITIES WERE CONCERNED.
HURD
YYYY
MAIN
24
LIMITED
HKD
COMED
MR MCLAREN
ADDITIONAL
1
MS L JOHNSON, IBB, DTI (KINGSGATE HOUSE)
NNNN
DISTRIBUTION
25
MR BURNS
MR MILES
PS/LORD CAITHNESS
PAGE 1 CONFIDENTIAL