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WEDNESDAY, OCTOBER 6, 1982
INVITATION TO GERMAN INDUSTRIALISTS
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HONG KONG 13 SETTING OUT ON A CONSISTENT AND SYSTEMATIC BASIS TO ENCOURAGE WESTERN EUROPEAN INDUSTRIALISTS TO INVEST IN HONG KONG
THE DIRECTOR OF INDUSTRY, MR PETER TSAO, SAID THIS TODAY (WEDNESDAY) IN OPENING THE HONG KONG GOVERNMENT'S INDUSTRIAL PROMOTION OFFICE IN STUTTGART, FEDERAL REPUBLIC OF GERMANY.
THE CEREMONY WAS ATTENDED BY SENIOR GOVERNMENT OFFICIALS LEADING INDUSTRIALISTS, BANKERS AND REPRESENTATIVES FROM MAJOR TRADE AND INDUSTRIAL ASSOCIATIONS. MR TSAO TOLD THE GATHERING THAT ONE OF THE FIRST TASKS OF THE STUTTGART OFFICE WOULD BE TO IDENTIFY POTENTIAL INVESTORS, PARTICULARLY THOSE WHO CAN INTRODUCE NEW PRODUCTION TECHNOLOGY OR NEW PRODUCTS AND SOPHISTICATED MANAGEMENT TO HONG KONG.
*WE ARE NOT SEEKING THE TRANSFER OF JOBS TO HONG KONG, BUT THE TRANSFER OF PRODUCTION PROCESSES WHICH MIGHT BE MORE PROFITABLY UNDERTAKEN IN HONG KONG, MR TSAO SAID.
HE ADDED THAT MANY OVERSEAS COMPANIES HAD FOUND THAT THEY WERE ABLE TO MAINTAIN A MORE COMPETITIVE POSITION IN WORLD MARKETS BY COMPLEMENTING THEIR HOME PRODUCTION WITH COMPONENTS OR FINISHED PRODUCTS MANUFACTURED IN HONG KONG.
HE SAID ADVANCED TECHNOLOGY NEEDED A RECEPTIVE ATMOSPHERE, SUPPORT FACILITIES, A HEALTHY COMMERCIAL CLIMATE AND A GOOD, RELIABLE, INTELLIGENT AND EDUCATED WORKFORCE TO SUCCEED.
+1 BELIEVE THESE ARE THINGS THAT HONG KONG HAS TO OFFER, HE STRESSED.
THE STUTTGART OFFICE, HONG KONG'S THIRD OVERSEAS INDUSTRIAL PROMOTION OFFICE AFTER TOKYO AND LONDON, IS HEADED BY PRINCIPAL CONSULTANT, MR JOHN WHITE.
AIRPORT TUNNEL COMES INTO FULL USE ON FRIDAY
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THE AIRPORT TUNNEL WILL BE CLOSED FOR FIVE HOURS FROM MIDNIGHT ON THURSDAY (OCTOBER 7) FOR PREPARATORY WORK TO OPEN BOTH TUBES TO TRAFFIC, A TRANSPORT DEPARTMENT SPOKESMAN ANNOUNCED TODAY WEDNESDAY).
THE TUNNEL WILL RE-OPEN AT 5 AM THE FOLLOWING MORNING (OCTOBER 8) WHEN BOTH TUBES WILL BEGIN OPERATING ON A 24-HOUP EASIS.
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