Friday, February 1, 1974
LOCAL PARTNERS SOUGHT BY FOREIGN COMPANIES
For Joint Industrial Ventures
Inforntion on 14 propozadu by foreign companion for industrial
joint ventures or licensing arrangements of possible interest to long
∙Kong industrialists was issued today by the Commerce and Industry Department.
Tay represent active inquiries which have been processed by
the department's Industrial Promotion Branch to the point that each of
the foreign firms concormed is especially interested in discussing joint
ventures or licensing arrangements with potential local partners.
Amrone interested in invited to contact Mr. Thomae Yiu, Accistant
Trade Officer in the Industrial Promotion Branch, telophone 5-233781.
The branch is also dealing directly with a number of foreign
companies specifically interested in cutting up wholly owned subsidiarids
in Hong Kong. Som of these projects are heavily capital intensive and
represent advanced technology.
The list of industrial investment projects in which local
participation is invited is as follows 1 --
Oricân
Interest
Nature
1.
USA
Manufacture of fibre-glass hockey sticks
Joint Ventiwe
2.
USA
3.
Manufacture of machine components such as cylinders and hose lines
Knufacture of electrical and olectronic money handling machines
Joint Venture
Joint Venture
4. USA
!