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FRIDAY, MARCH 21, 1975
MCGREGOR WOOS AUSTRALIAN INDUSTRIALISTS
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THE DEPUTY DIRECTOR OF COMMERCE AND INDUSTRY, MR. JAMES MCGREGOR, RETURNS TO HONG KONG TOMORROW (SATURDAY) AT THE END OF TWO WEEKS OF TALKS WITH AUSTRALIAN INDUSTRIALISTS ON THE FEASIBILITY OF SETTING UP AUSTRALIAN BRANCH FACTORIES IN HONG KONG.
THE TRIP WAS THE FIRST IN A SERIES OF INDUSTRIAL INVESTMENT PROMOTIONS PLANNED FOR 1975/76 BY THE COMMERCE AND INDUSTRY DEPARTMENT IN CONJUNCTION WITH THE TRADE DEVELOPMENT COUNCIL.
THE TWO ORGANISATIONS WORK IN CLOSE LIAISON TO PROMOTE THE TRANSFER OF TECHNOLOGY FROM THE DEVELOPED COUNTRIES TO HONG KONG.
THIS IS DONE THROUGH SEMINARS, MISSIONS, AND DIRECT APPROACHES TO INDIVIDUALS IN A NUMBER OF COUNTRIES.
IT IS INTENDED THAT THE TWO ORGANISATIONS SHOULD CARRY OUT A NUMBER OF PROMOTIONS IN DIFFERENT COUNTRIES DURING THE NEXT TWELVE MONTHS, AIMED AT ATTRACTING MANUFACTURING INDUSTRIES TO HONG KONG.
THERE ARE ALREADY SOME 240 INDUSTRIAL UNDERTAKINGS IN HONG KONG WHICH ARE FULLY OR PARTLY FOREIGN-OWNED AND THESE EMPLOY MORE THAN 65,000 WORKERS, THESE ENTERPRISES REPRESENT HIGH STANDARDS OF MANAGEMENT, TECHNOLOGY AND MARKETING EXPERTISE.
A SPOKESMAN FOR THE COMMERCE AND INDUSTRY DEPARTMENT POINTS OUT THAT MANY AUSTRALIAN INDUSTRIES HAVE PARTICULAR RELEVANCE TO HONG KONG'S PRESENT STATE OF INDUSTRIAL DEVELOPMENT,
HE SAID THAT IN ENGINEERING, PARTICULARLY, AUSTRALIAN INDUSTRIAL KNOWLEDGE WOULD BE HELPFUL TO HONG KONG.
NOTE TO EDITORS:
MR. MCGREGOR WILL TALK ABOUT HIS TRIP TO NEWSMEN IN THE VIP PRESS CONFERENCE ROOM AT KAITAK. HIS ESTIMATED TIME OF ARRIVAL IS 6.30 P.M. TOMORROW (SATURDAY), FLIGHT CX 100. YOUR REPRESENTATIVES IS REQUESTED TO BE IN THE CONFERENCE ROOM BY 6.30 P.M. THE DEPARTMENT'S PRO, MR. GERRY XAVIER, WILL BE ON HAND TO ASSIST THEM,
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