m

ON

Tuesday, October 30, 1973

OPPORTUNITIES FOR JOINT ENTERPRISE

The Commerce and Industry Department is anxious to obtain more

information on Hong Kong companies which might be interested in expanding

their operations through enquiries from overseas.

"Of particular interest are companies engaged in the metal-based

industries such as tool and die-making, electro-plating and anodizing,

and general machining to fine tolerances, "a spokesman for the department

said.

However, he added that more information and contacts were needed

on other industries as well,

The Industrial Development Branch of the department has for many

years encouraged investment in Hong Kong's manufacturing industry.

It has received many enquiries from overseas industrialists

wishing to place sub-contracting orders or to enter into joint venture or

licensing arrangements with local manufacturers,

The spokesman said: "The enquirers, who come from a very wide range

of industries, often ask for the names of Hong Kong factories which have the

capacity and the capability to carry out particular manufacturing processes."

He added that very often these enquiries resulted in useful

business.

Interested parties are invited to contact Mr. K.C. Kwong of the

Industrial Development Branch at telephone No. 5-445656 who will be pleased

to answer questions on this subject.

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