TUESDAY, OCTOBER 14, 1980
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+THIS EFFORT WILL BE PART OF A ONE-STOP UNIT WHICH WE ARE IN THE PROCESS OF ESTABLISHING IN ACCORDANCE WITH A RECOMMENDATION OF THE ADVISORY COMMITTEE ON DIVERSIFICATION.
+THE UNIT IS ENVISAGED AS PROVIDING NOT ONLY GENERAL INFORMATION BUT A CHANNEL OF COMMUNICATION BETWEEN THE POTENTIAL INVESTOR AND NOMINATED REPRESENTATIVES OF GOVERNMENT DEPARTMENTS AND OTHER TRADE AND INDUSTRY ORGANISATIONS.
+ IT IS PLANNED THAT THESE NOMINATED REPRESENTATIVES WILL BE ABLE TO PROVIDE, ON A PRIORITY BASIS, THE RANGE OF INFORMATION NEEDED BY THE POTENTIAL INVESTOR, HE EXPLAINED.
ANOTHER AREA OF GOVERNMENT ACTIVITY IN THE INDUSTRIAL PROMOTION FIELD WILL BE THROUGH THE ESTABLISHMENT OF AN INDUSTRIAL INTELLIGENCE UNIT.
+NONE OF THESE PLANS WILL BE FULLY EFFECTIVE UNLESS THE DEPARTMENT OF INDUSTRY HAS A GOOD DEAL MORE INFORMATION ABOUT HONG KONG INDUSTRY THAN IT NOW POSSESSES, THE MEANS TO STORE THAT INFORMATION PROPERLY, TO KEEP IT UP-TO-DATE AND REPRODUCE IT IN APPROPRIATE FORM AS AND WHEN IT IS NEEDED, SAID MR DORWARD.
NEED.
THE PROPOSED INDUSTRIAL INTELLIGENCE UNIT WILL FILL THIS
MR DORWARD STRESSED THAT HE WAS TALKING ABOUT BOTH LOCAL AND OVERSEAS INDUSTRIAL PROMOTION. THE TERM 'INDUSTRIAL INVESTMENT PROMOTION' IS OFTEN TAKEN TO MEAN A STRICTLY OVERSEAS ACTIVITY, AIMED AT BRINGING IN COMPANIES FROM ABROAD TO ESTABLISH MANUFACTURING PLANTS.
+THIS IS A POLICY WHICH HAS BEEN FOLLOWED BY OTHERS, IN THIS REGION AND OUTSIDE IT, WHO HAVE LACKED OR NEGLECTED DOMESTIC ENTREPRENEURIAL ABILITY AND LOOKED TO FOREIGN SOURCES FOR RAPID GROWTH IN THE INDUSTRIAL SECTOR. THIS IS NOT THE PATH HONG KONG HAS FOLLOWED,+ HE SAID.
HE STRESSED THAT ALTHOUGH OVERSEAS INVESTMENT PROMOTION WOULD NOT BE NEGLECTED, THE OVERWHELMING MAJORITY OF HONG KONG INDUSTRIAL ENTERPRISES ARE HOME-GROWN AND SEE NO LIKELIHOOD OF A SIGNIFICANT CHANGE IN THAT SITUATION.+
SIR JACK ACTING GOVERNOR
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THE GOVERNOR, SIR MURRAY MACLEHOSE LEFT HONG KONG TODAY FOR
HE WILL RETURN ON SATURDAY (OCTOBER 18). A SHORT VISIT TO NEW YORK.
DURING SIR MURRAY'S ABSENCE, SIR JACK CATER WILL BE ACTING GOVERNOR.
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