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FROM THE BRITISH AIRPORT EQUIPMENT GROUP). WE EXPECT MANY FIRMS

WILL FOLLOW UP THEIR INTEREST IN THE RAFT OF PADS-RELATED PROJECTS WITH VISITS TO HONG KONG. THE BTC WILL BE GIVING THE HIGHEST PRIORITY TO PADS FOR THE FORESEEABLE FUTURE.

8. CHINA LIGHT AND POWER, WHOSE EXISTING POWER STATIONS ARE EXTENSIVELY EQUIPPED BY BRITISH COMPANIES, PROPOSE TO BUILD A LARGE POWER STATION AT BLACK POINT IN THE NEW TERRITORIES. GEC/ALSTHOM, WHO ARE KEEPING CLOSE TO CLP'S THINKING, OUGHT TO BE

WELL PLACED TO SECURE SUBSTANTIAL BUSINESS.

9. A NUMBER OF POLLUTION CONTROL PROJECTS UNDER CONSIDERATION NOW

ALSO HOLD VERY GOOD PROSPECTS FOR BRITISH COMPANIES. HRH THE DUKE OF KENT WILL OPEN POLMET 91, A MAJOR POLLUTION CONTROL SYMPOSIUM AND EXHIBITION, IN DECEMBER. WE AIM TO HAVE A STRONG BRITISH PRESENCE AT THE EXHIBITION. PRIOR TO THE EXHIBITION THE BOTB AND INDUSTRY IN THE UK WILL CO-SPONSOR AN INWARD MISSION TO THE UK OF BUYERS/POLICY MAKERS IN THE POLLUTION CONTROL SECTOR.

10. PUBLIC TRANSPORT, A SECTOR WHERE BRITISH COMPANIES HAVE CONSIDERABLE EXPERIENCE, EXPERTISE AND CREDIBILITY HERE, ALSO HOLDS GOOD PROSPECTS OVER THE NEXT FEW YEARS. BOTH THE MTR AND KCR HAVE PLANS TO EXPAND THEIR SYSTEMS AND THERE IS A PROPOSAL TO BUILD A NEW LIGHT RAILWAY TO CONNECT THE CENTRAL DISTRICT OF HONG KONG BY TUNNEL TO ABERDEEN ON THE SOUTH OF THE ISLAND.

11. BRITISH COMPANIES HAVE A GOOD REPUTATION LOCALLY IN THE HOSPITAL AND MEDICAL SECTORS AND SHOULD BENEFIT FROM PROPOSALS TO INCREASE HOSPITAL BED CAPACITY SUBSTANTIALLY BY THE END OF THE PRESENT DECADE.

UK RETAILING OUTLETS AND PROMOTIONS

12. MARKS AND SPENCER HAVE OPENED 5 STORES IN HONG KONG SINCE

1988 (ALTHOUGH THEIR SMALLEST OUTLET IN KOWLOON WILL BE CLOSED SHORTLY). ALFRED DUNHILL HAVE 4 STORES AND BODY SHOP, CRABTREE AND EVELYN, ROYAL DOULTON, GIEVES AND HAWKES, BURBERRYS AND CHURCHES SHOES HAVE THEIR OWN RETAILING OUTLETS. THERE ARE OPPORTUNITIES FOR MORE OF OUR RETAILERS IN THIS MARKET.

UK INVESTMENT IN HONG KONG 13.

FOREIGN INVESTMENT IN HONG KONG'S MANUFACTURING INDUSTRIES GREW TO ALMOST HKD 30 BILLION BY END 1990, BUT INVESTMENT FROM BRITAIN FELL FOR THE FIRST TIME IN MORE THAN A DECADE. HOWEVER BRITAIN RETAINS ITS FOURTH PLACE AS A SOURCE OF LONG-TERM

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