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MONDAY, DECEMBER 12, 1983 ·
MR JACC:3 SAID THAT THE SECOND PHASE OF THE PROJECT WILL COMPRISE A NEW TERMINAL WITH THREE BERTHS TO THE SOUTH OF THE RECLAMATION.
CONSTRUCTION OF THIS PHASE WILL START IN 1986 AND WILL BE COMPLETED IN 1988, RAISING THE CONTAINER PORT'S CAPACITY BY ANOTHER 45 PER CENT.
CONSTRUCTION OF TWO ADDITIONAL TERMINALS IS BEING PLANNED UNDER THE THIRD PHASE OF THE EXPANSION, MR JACOBS REPORTED.
+THE INVESTMENT IN THIS EXPANSION IS UNDOUBTEDLY A VOTE OF CONFIDENCE BY THE TWO COMPANIES AND THE HONG KONG GOVERNMENT IN THE FUTURE OF HONG KONG, MR JACOBS SAID.
OCTOBER SURVEY OF EMPLOYMENT, PAYROLL AND ORDERS-ON-HAND
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THE CENSUS AND STATISTICS DEPARTMENT TODAY RELEASED STATISTICS FROM THE MONTHLY SURVEY OF EMPLOYMENT, PAYROLL AND ORDERS-ON-HAND FOR OCTOBER 1983.
ACCORDING TO THE SURVEY, THE AVERAGE VOLUME OF ORDERS-ON-HAND (IN TERMS OF MONTHS) IN THE MANUFACTURING SECTOR REMAINED AT A RELATIVELY HIGH LEVEL ALTHOUGH THERE WAS A MARGINAL DECREASE IN OCTOBER COMPARED WITH SEPTEMBER.
WHILE ORDERS-ON-HAND IN THE TEXTILES AND THE FABRICATED METAL PRODUCTS INDUSTRIES INCREASED, THOSE IN THE PLASTIC PRODUCTS AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES DECREASED.
THERE WAS A MILD INCREASE IN EMPLOYMENT IN THE MANUFACTURING SECTOR AS A WHOLE.
THERE WERE MIXED REPORTS BY RESPONDENTS IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY.
THOUGH THE OVERALL AVERAGE VOLUME OF ORDERS FOR THIS INDUSTRY DECLINED SOMEWHAT, SOME FACTORIES HAD INCREASED ORDERS SO THAT THE OVERALL ORDERS POSITION OF THIS INDUSTRY REMAINED STRONG AND EMPLOYMENT ALSO SHOWED SOME INCREASE.
EMPLOYMENT IN THE SERVICES SECTOR REMAINED STABLE.
HOWEVER, IN THE CONSTRUCTION COMPANIES SURVEYED, THE NUMBER OF EMPLOYEES FELL AGAIN ON COMPLETION OF SOME PROJECTS.
PAYROLL AND PER CAPITA EARNINGS INCREASED IN ALL THE MANUFACTURING INDUSTRIES, EXCEPT THE FOOD AND DRINKS INDUSTRY.
THE INCREASE WAS MAINLY ATTRIBUTABLE TO SALARY REVISIONS AND
MORE OVERTIME WORK PERFORMED DURING THE MONTH.
THE DECREASE IN PAYROLL AND PER CAPITA EARNINGS IN THE FOOD AND DRINKS INDUSTRY WAS, HOWEVER, SEASONAL,
/IN THE