[Typographical errors in the original document]
FRIDAY, MARCH 30, 1984
HK OFFERS GOOD OPPORTUNITIES FOR INDUSTRIAL INVESTMENT
ELECTRONICS, LIGHT TO MEDIUM ENGINEERING AND METAL INDUSTRIES OFFER CONSIDERABLE OPPORTUNITIES FAB.OVERSEAS COMPANIES WHICH INTEND TO PARTICIPATE IN HONG KONG INDUSTRY.
THIS WAS STATED TODAY (FRIDAY) BY MAJOR C.G. BERNARD, PRINCIPAL CONSULTANT OF THE INDUSTRY DEPARTMENT, WHEN HE
ADDRESSED THE MANAGEMENT PROGRAMME SEMINAR ORGANISED BY A SWEDISH COMPANY, MANAGEMENT PROGRAMME I LUND, FOR A GROUP OF SENIOR SWEDISH BUSINESS EXECUTIVES VISITING THE FAR EAST.
MARINEL. INGEN
BEEVE INE ELECTRONICS INDUSTRYS ONE OF THE MAIN KEYS TO DIVERSIFICATION OF OUR INDUSTRIAL BASE, AND THUS OF GREAT IMPORTANCE FOR OUR FUTURE PROSPERITY, HE SAID.
HE SAID HONG KONG'S ELECTRONICS INDUSTRY WITH SKILLED ENGINEERING CAPABILITIES AND SOPHISTICATED QUALITY CONTROLS HAD SPREADED INTO SUCH AREAS AS TELECOMMUNICATIONS, CONTROLS FOR INDUSTRIAL MACHINERY, AUTOMATION AND ROBOTICS, MEDICAL EQUIPMENT, EDUCATIONAL AIDS, AND BUSINESS SYSTEMS.
+PERSONAL, MICRO AND MINI COMPUTERS AND MANY OF THEIR PERIPHERAL EQUIPMENTS ARE NOW MADE IN HONG KONG, AS WELL AS A WIDE RANGE OF SOPHISTICATED COMPONENTS, INCLUDING SILICON CHIP WAFERS AND INTEGRATED CIRCUITS AT THREE NEW PLANTS RECENTLY ESTABLISHED IN THE HONG KONG INDUSTRIAL ESTATES CORPORATION ESTATES AT TAI PO.+
+ANOTHER IMPORTANT FACTOR WITH REGARD TO THE ELECTRONICS AND COMPUTER INDUSTRIES IS THE NEED FOR ADVANCED SOFTWARE DEVELOPMENT AND PRODUCTION.
+HONG KONG ALREADY HAS A NUMBER OF COMPANIES IN THIS FIELD AND IT APPEARS TO BE AN AREA AT WHICH OUR LOCAL PEOPLE ARE PARTICULARLY ADEPT, AND WHICH ALSO OFFERS TO THE SWEDISH ELECTRONICS, TELECOMMUNICATIONS AND ROBOTICS INDUSTRIES EXCELLENT OPPORTUNITIES FOR CO-OPERATION IN BOTH PRODUCTION AND MARKETING, + HE SAID.
ON THE DEVELOPMENT POTENTIAL IN THE LIGHT TO MEDIUM ENGINEERING AND METALS INDUSTRIES, MAJOR BERNARD POINTED OUT THAT HONG KONG ALREADY HAD A STRONG BASE WITH ITS SHIP AND BOATYARDS.
+DEVELOPMENT IN THESE AREAS HAS BEEN LIMITED IN THE PAST BY THE SCARCITY AND HIGH PRICE OF LAND, AND THE LACK OF, FOR EXAMPLE AN AUTO INDUSTRY WHICH IN DEVELOPED COUNTRIES PROVIDES THE BASIC DEMAND FOR THE OUTPUT OF THEIR ENGINEERING INDUSTRIES.
+HOWEVER, THE PROSPECTIVE DEVELOPMENT OF THE OFFSHORE OIL FIELDS IN THE SOUTH CHINA SEA, AND THE SKILLS ACQUIRED THROUGH OUR SHIP BUILDING AND CONSTRUCTION INDUSTRIES IN ENGINEERING, WELDING AND STEEL FABRICATION, LEAD US TO BELIEVE THAT THIS IS AN AREA WHICH HAS CONSIDERABLE POTENTIAL-FOR EXPANSION, HE SAID.
I
/HE CIFE