WEDNESDAY, FEBRUARY 10, 1982
17
TICD'S INDUSTRIAL PROMOTION PROGRAMME
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THE DIRECTOR OF TRADE INDUSTRY AND CUSTOMS, THE HON BILL DORWARD SAID IN THE LEGISLATIVE COUNCIL TODAY THAT ACTIVE ENQUIRIES FROM POTENTIAL OVERSEAS INDUSTRIAL INVESTORS RESULTING FROM THE DEPARTMENT'S VARIOUS OVERSEAS ACTIVITIES WEKE NOW KUNNING AT BETWEEN SIX AND SEVEN HUNDRED A YEAR THREE TIMES WHAT THEY WERE ONLY FOUR YEARS AGO.
IN REPLY TO QUESTIONS BY THE HON STEPHEN CHEONG REGARDING PROGRESS OF THE GOVERNMENT'S EFFORTS IN PROMOTING HONG KONG AS A BASE FOR NEW MANUFACTURING INDUSTRIES, MR DORWARD SAID: +THE LAST TWO YEARS HAVE SEEN A CONSIDERABLE REFINEMENT AND DEVELOPMENT OF INDUSTRIAL PROMOTION EFFORTS. THE SUCCESS OF THESE WILL BE HARD TO MEASURE BECAUSE OF THE TIME LAG BETWEEN AROUSING INITIAL INTEREST AND THE COMMENCEMENT OF PRODUCTION, WHICH CAN VARY FROM ONE TO FIVE YEARS- AND THE VARIOUS WAYS THE RESULTS CAN SHOW, WHICH INCLUDE NEW INDUSTRIES, JOINT VENTURES, LICENSING ARRANGEMENTS, SUB-CONTRACTING OR SALE OF TECHNOLOGY.+
COMMENTING ON THE INCREASE IN INTEREST SHOWN BY OVERSEAS INDUSTRIAL ISTS DESPITE WIDESPREAD ECONOMIC RECESSION, MR DORWARD SAID THAT IT WAS A CONSEQUENCE OF THE MORE FOCUSED AND PROFESSIONAL APPROACH TO INDUSTRIAL PROMOTION WHICH TICD HAD BEEN ADOPTING IN RECENT YEARS.
+THIS HAS BEEN BASED ON THE DEVELOPMENT OF A SOUND DATA BASE, THE RECRUITMENT OF TECHNICALLY COMPETENT MEN TO DO FIELD PROMOTION AND THE CREATION OF ADEQUATE BACK-UP FACILITIES TO SUPPORT THEM, HE ADDED.
OUTLINING THE DEPARTMENT'S INDUSTRIAL PROMOTION PROGRAMME, MR DORWARD SAID: +OVERSEAS PROMOTION HAS SO FAR BEEN CONDUCTED BY DELEGATIONS SENT OUT FROM HONG KONG. A RESIDENT INDUSTRIAL PROMOTION OFFICER HAS NOW BEEN APPOINTED IN TOKYO, HOWEVER, WHERE OUR OFFICE WILL FORMALLY OPEN NEXT MONTH. END OF JUNE WE SHALL HAVE THREE SIMILAR OFFICERS, SELECTED
BEFORE THE FOR THEIR TECHNICAL AND LANGUAGE QUALIFICATIONS, LOCATED PERMANENTLY IN EUROPE AND THE UNITED STATES.
+A 'ONE STOP FACILITY HAS BEEN SET UP IN THE DEPARTMENT OF INDUSTRY, THIS IS STAFFED BY SELECTED OFFICERS AND LINKS NINETEEN GOVERNMENT DEPARTMENTS AND TRADE AND INDUSTRIAL ORGANISATIONS. IT PROVIDES A COMPREHENSIVE AND RAPID SERVICE TO POTENTIAL INVESTORS ON SUCH SUBJECTS AS LAND, PREMISES, LABOUR, TAXATION, EDUCATION, TECHNOLOGY AND TECHNICAL BACK UP SERVICES, MR DORWARD SAID.
/INVESTMENT PROMOTIONAL