7
MONDAY, DECEMBER 11, 1978
THE MOST DOMINANT RE-EXPORT ITEMS INCLUDED PEARLS, PRECIOUS AND SEMI-PRECIOUS STONES ($1,442 MILLION, +52 PER CENT), WATCHES AND CLOCKS ($720 MILLION, +21 PER CENT), TEXTILE FABRICS ($631 MILLION, +58 PER CENT), CRUDE ANIMAL AND VEGETABLE MATERIALS ($579 MILLION, +33 PER CENT), ELECTRICAL APPLIANCES ($526 MILLION, +28 PER CENT), APPAREL AND CLOTHING ($376 MILLION, +49 PER CENT) AND ALSO ROAD VEHICLES ($227 MILLION, +63 PER CENT).
THE TRADE INDEX NUMBERS FOR SEPTEMBER, 1978 (1973-100) WERE RELEASED AS FOLLOWS:
DOMESTIC EXPORTS
IMPORTS
VALUE INDEX
230
228
UNIT VALUE
INDEX
141
144
THE TERMS OF TRADE INDEX FOR SEPTEMBER WAS 98.
QUANTUM INDEX
163
158
GOVERNMENT SIGNS CONDITIONS FOR $100 MILLION DOCKYARD
PROJECT ON TSING YI ******
THE DEPUTY SECRETARY FOR THE NEW TERRITORIES, MR. JOHN TODD, TODAY (MONDAY) SIGNED THE CONDITIONS OF GRANT FOR A 9.6-HECTARE SITE ON THE WEST COAST OF TSING YI ISLAND WHERE A LOCALLY-BASED CONSORTIUM PLANS TO BUILD A $100 MILLION SHIPYARD COMPLEX.
THE COMPANY, EUROASIA DOCKYARD ENTERPRISE AND DEVELOPMENT COMPANY LIMITED - A JOINT VENTURE BETWEEN ISLAND NAVIGATION CORPORATION LTD. AND CHUNG WAH SHIPBUILDING AND ENGINEERING CO. LTD. PLANS TO START WORK ON THE PROJECT IMMEDIATELY.
-
THE GOVERNMENT HAS GRANTED THE AREA - MOST OF IT SEA BED ON A PRIVATE TREATY BASIS IN LINE WITH THE POLICY OF ENCOURAGING SPECIAL AND HIGH-TECHNOLOGY INDUSTRY TO BROADEN HONG KONG'S INDUSTRIAL BASE.
SIGNING ON BEHALF OF EUROASIA WERE MR. C.H. TUNG, CHAIRMAN OF EUROASIA AND MANAGING DIRECTOR OF ISLAND NAVIGATION, AND MR. PETER WONG, MANAGING DIRECTOR OF CHUNG WAH.
MR. TODD.........
4