SUNDAY, OCTOBER 11, 1981
5
MISSIONS TO PROMOTE INDUSTRIAL INVESTMENT
****
THE TRADE INDUSTRY AND CUSTOMS DEPARTMENT WILL DESPATCH TWO INDUSTRIAL INVESTMENT PROMOTION MISSIONS OVERSEAS NEXT MONTH (NOVEMBER) ONE TO JAPAN AND THE OTHER TO THE USA.
THE MISSIONS WILL PROMOTE INDUSTRIAL INVESTMENT IN HONG KONG WITH A VIEW TO ENCOURAGING THE TRANSFER OF ADVANCED INDUSTRIAL TECHNOLOGY FROM JAPAN AND THE USA TO HONG KONG.
THE FIRST MISSION WILL VISIT TOKYO FROM NOVEMBER 4 TO 28. WILL BE TAKING A STAND AT THE TECHNO '81 TOKYO FAIR FROM NOVEMBER 10 TO 14, WHERE EXHIBITORS AND VISITORS ARE INVITED TO DISCUSS INDUSTRIAL INVESTMENT OPPORTUNITIES IN HONG KONG.
IT
AFTER THE FAIR, THE MISSION, HEADED BY INDUSTRIAL DEVELOPMENT OFFICER MR C.L. CHU, WILL SPEND TWO WEEKS IN TOKYO VISITING INDIVIDUAL COMPANIES TO DISCUSS THEIR PROJECTS FOR INVESTING IN HONG KONG INDUSTRIES.
THE SECOND MISSION, LED BY INDUSTRIAL DEVELOPMENT OFFICER MR PAULUS CHAN, WILL CALL ON INDIVIDUAL COMPANIES IN ILLINOIS, INDIANA, OHIO, MICHIGAN AND WISCONSIN IN USA DURING THE PERIOD NOVEMBER 9 TO 27.
THE MISSION WILL ALSO VISIT THE 'MIDCON ELECTRONICS SHOW AND CONVENTION IN CHICAGO, BETWEEN NOVEMBER 10 AND 12, TO SEEK OUT COMPANIES WITH SUITABLE TECHNOLOGY FOR HONG KONG INDUSTRIES.
COMPANIES THAT BOTH MISSIONS WILL APPROACH HAVE BEEN SELECTED PRINCIPALLY FROM THE LIGHT AND MEDIUM HEAVY ENGINEERING INDUSTRIES, THE ELECTRONICS INDUSTRY, AND INDUSTRIES WHICH WILL SUPPORT THÉ DEVELOPMENT AND DIVERSIFICATION OF INDUSTRY IN HONG KONG. AT PRESENT, USA AND JAPAN ARE THE TWO LARGEST SOURCES OF OVERSEAS INDUSTRIAL INVESTMENT IN HONG KONG.
+WE HAVE WRITTEN TO OVER A HUNDRED LOCAL COMPANIES ASKING THEM TO LET US KNOW IF THEY HAVE ANY PLANS FOR DIVERSIFYING THE IR OPERATIONS. THE NEED TO DIVERSIFY IS WELL RECOGNISED BY HONG KONG INDUSTRIES. OUR MISSIONS WILL HELP FILL THIS NEED BY IDENTIFYING THOSE OVERSEAS COMPANIES WITH THE APPROPRIATE TECHNOLOGY AND MATCHING THEM WITH THE LOCAL COMPANIES, SAID MR CHU.
LOCAL COMPANIES WI-HING TO SEEK NEW PRODUCTS OR NEW
TECHNOLOGY THROUGH JOINT VENTURES OR LICENSING ARRANGEMENTS WITH EITHER JAPANESE OR USA COMPANIES ARE INVITED TO CONTACT MR C.L. CHU AND MR PAULUS CHAN AT 3-7222420 AND 3-7222421.
16