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THURSDAY, JUNE 19, 1975
GOVERNOR VISITS HONG KONG'S LARGEST TOY FACTORY
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THE GOVERNOR, SIR HURRAY MACLEHOSE, MAKING HIS SECOND FACTORY VISIT IN A WEEK, TODAY (THURSDAY) VISITED THE HONG KONG HUSTRIAL LIMITED CC. MANY, IN KENNEDY TOWN.
THE COMPANY IS THE LARGEST TOY MANUFACTURER IN HONG KONG AND VERY POSSIDLY THE LARGEST CONSOLIDATED TOY MANUFACTURER IN ASIA, IT EMPLOYS OVER 1,000 WORKERS AND IT IS EXPECTED TO EXPORT GOODS WORTH OVER $35 MILLION THIS YEAR.
THE COVERNOR, AGCC PAINTED BY AR. K.H. YEUNG, ASSISTANT
· DIRECTOR (INDUSTRIAL DIVISION) OF COMMERCE AND INDUSTRY WAS MET ON ARRIVAL AT THE FACTORY DY NR. ARTHUR DORF, IMANAGING DIRECTOR OF THE COMPANY AND MR. PETER 0. SCALES, DIRECTOR.
MR. DORF, BRIEFING SIR HURRAY DEFORE THE START OF THEIR FACTORY TOUR, SAID THAT THE 1974 DOLLAR VOLUME OF EXPORTS WAS 40% HIGHER THAN 1973 DESPITE THE MANY PROBLEMS ASSOCIATED WITH MATERIAL CHORT- AGES, WORLDWIDE INFLATION AND THE RECESSION IN THE COMPANY'S OVERSEAS MARKETS.
MR. DORF STATED THAT THE COMPANY HAD A GREAT DEAL OF CONFIDENCE IN THE CONTINUING VIABILITY OF HONG KONG AS A MANUFACTURING CENTRE AND WAS LOOKING WITH COL.FIDENCE TO ANOTHER SUCCESSFUL YEAR IN 1975.
HE FURTHER STATED THAT, IN HIS OPINION, HONG KONG TODAY WAS IN A STRONGER POSITION TIM! IT WAS 12 KONTIIS AČO IN CO. PETING WITH THE OTHER COUNTRIES IN SOUTH EAST ASIA SUCH AS TAJUAN AND KOREA.
+THIS IS DUE TO THE ABILITY OF DOTI PUBLIC AND PRIVATE ORGANIZATIONS TO RESPOND FASTER AND MORE EFFECTIVELY TO THE RAPIDLY CHANGING CONDITIONS IN THE WORLD, HE SAID, ADDING THAT HE BELIEVED THAT THE REQUIREMENTS OF THE TOY INDUSTRY DURING THE COMING, YEARS WOULD BECOME MORE AND MORE COMPLEX.
+HONG KONG,+ HE CONTINUED, WITH ITS HIGH DEGREE OF TECHNICAL COMPETENCE AND MANUFACTURING SKILL THEREFORE BECOMES A NATURAL PLACE FOR AN INCREASE IN SCPHISTICATED TOY NAKUFACTURING.+
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