WEDNESDAY, NOVEMBER 25, 1981
10
-
THE YEAR UNDER REVIEW SAW THE COMPLETION OF THE SECOND STAGE F THE TAI PO ESTATE AND THE GOVERNMENT'S APPROVAL FOR THE THIRD STAGE, FOR WHICH THE INITIAL CONTRACT WILL BE LET SHORTLY, SAID WR MONG.
THE FIRST
THE STANDARD FACTORY BLOCKS AT THE TAI PO ESTATE IS NOW VIRTUALLY COMPLETED, REPRESENTING AN IMPORTANT ALTERNATIVE FOR DUSTRIAL ISTS WHO MEET THE CRITERIA AND WISH TO COMMENCE MANUFACTURING IMMEDIATELY AND WHOSE PROCESSES CAN BE ACCOMMODATED
PRE-BUILT FACTORY.
IN
SO FAR, HE ADDED, 34 COMPANIES HAVE TAKEN SITES AT TAI PO COVERING VORE THAN HALF OF THE NET AREA OF THE ESTATE, AND 13 ARE IN PRODUCTION WITH A WORKFORCE OF 2 500.
+THE CONCEPT OF INDUSTRIAL ESTATES OFFERING LAND ON SPECIAL TERMS TO SELECTED INDUSTRIES WHICH MEET SPECIFIC CRITERIA IS A NOVEL ONE FOR HONG KONG, AND IT IS THEREFORE IMPORTANT TO GAUGE THE EXTENT TO WHICH THE ESTATES ARE CONTRIBUTING TO THE DIVERS IF ICATION OF HONG KONG INDUSTRY AND TO THE INTRODUCTION OF NEW TECHNIQUES AND PROCESSES,+ MR WONG SAID.
THE 34 COMPANIES LISTED IN THE ANNUAL REPORT COVER A VERY WIDE RANGE OF PRODUCTS AND INVOLVE THE MOST UP-TO-DATE TECHNOLOGY AVAILABLE IN THE WORLD TODAY.
AMONG THE PRODUCTS ARE MANY WHICH WILL CONTRIBUTE DIRECTLY TO THE ADVANCEMENT OF HONG KONG INDUSTRY AND INCREASE OUR EXPORT PERFORMANCE.
+ALL OF THESE COMPANIES HAVE BEEN ATTRACTED TO THE INDUSTRIAL ESTATE AND HAVE BEEN SELECTED AGAINST THE CRITERIA WHICH ESSENTIALLY HAVE REMAINED UNCHANGED SINCE THE CORPORATION WAS ESTABLISHED IN 1977.
*WITH THE LAND NOW AVAILABLE, THE CORPORATION WOULD UNDOUBTEDLY LIKE TO SEE MORE APPLICATIONS THAN IT HAS AT PRESENT IN THE PIPELINE.
+CN THE OTHER HAND, THE CORPORATION MUST ADHERE TO THE ESTABLISHED SELECTION CRITERIA TO ENSURE THERE IS NO DEVIATION FROM THE ORIGINAL OBJECTIVE, HE SAID.
AS FOR THE YUEN LONG INDUSTRIAL ESTATE, MR WONG NOTED THE PROELE OF OBTAINING FILL MATERIAL HAS BEEN OVERCOME AND DURING THE PAST YEAR WORK PROCEEDED MORE SATISFACTORILY.
+UNDER THE REVISED PROGRAMME IT IS DUE TO BE COMPLETED EARLY IN 1983, BUT LAND IS ALREADY AVAILABLE FOR BUILDING, AND FOLLOWING THE RECENT SIGNING OF THE GOVERNMENT GRANT CONDITIONS, THE CORPORATION EXPECTS TO LEASE THE FIRST SITE VERY SOON, HE ADDED.
/11----