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MONDAY, MAY 26, 1986
*AN INCREASED DOMESTIC SUPPLY OF HIGH QUALITY PRECISION PARTS WOULD GIVE A BOOST TO OUR LOCAL DESIGNERS AND MANUFACTURERS, WOULD BROADEN THE RANGE OF HONG KONG PRODUCTS, AND WOULD BENEFIT OUR EXPORTS.+
MR YEUNG SAID A THIRD PRODUCT AREA WAS THE MANUFACTURE OF ELECTRONIC PRECISION TESTING EQUIPMENT.
+HONG KONG'S STANDARDS AND CALIBRATION LABORATORY, WHICH PROVIDES CALIBRATION AND CERTIFICATION SERVICES FOR SUCH EQUIPMENT, WILL SOON BE ACCREDITED BY THE BRITISH CALIBRATION SERVICES, AND THUS BE ABLE TO PROVIDE INTERNATIONALLY TRACEABLE PRIMARY PHYSICAL STANDARDS NOT ONLY FOR MANUFACTURERS OF ELECTRONIC CONSUMER PRODUCTS AND COMPONENTS BUT ALSO FOR MAKERS OF MEASUREMENT EQUIPMENT. +
ON THE GOVERNMENT'S PART, MR YEUNG SAID IT ALREADY INVESTED HEAVILY IN MANPOWER TRAINING, THROUGH ITS EDUCATIONAL PROGRAMME AND IN CAPITAL INFRASTRUCTURE, THROUGH THE PUBLIC WORKS PROGRAMME,
+ IN ADDITION TO THIS THE GOVERNMENT IS BEGINNING TO INVEST HEAVILY IN THE CREATION OF TECHNOLOGICAL FACILITIES IN SUPPORT OF OUR MANUFACTURING INDUSTRIES.
+AGAINST THIS BACKGROUND IT IS HOPEFUL THAT, WHEN OVERSEAS MANUFACTURERS HAVING USEFUL TECHNOLOGY START LOOKING AROUND FOR A SUITABLE OFF-SHORE MANUFACTURING BASE IN THE ASIA PACIFIC REGION, THEY WILL SEE IN HONG KONG A PLACE IN WHICH THEY MAY NOT ONLY ACHIEVE SUBSTANTIAL PROF ITS BUT ALSO FIND ADEQUATE INFRASTRUCTURAL SUPPORT FOR THEIR OPERATIONS,+ MR YEUNG ADDED.
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AUCTION OF VICTORIA BARRACKS SITE
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THE LAST SITE FOR SALE IN VICTORIA BARRACKS WILL BE AUCTIONED TOMORROW (TUESDAY) AFTERNOON.
THE 16 150-SQUARE-METRE SITE AT SUPREME COURT ROAD, KNOWN AS INLAND LOT NO. 8582, IS NEXT TO THE PLOT SWIRE PROPERTIES BOUGHT FOR $703 MILLION IN APRIL LAST YEAR FOR HOTEL-OFFICE DEVELOPMENT.
IT IS FOR NON-INDUSTRIAL (EXCLUDING GODOWN) DEVELOPMENT.
THE PURCHASER WILL BE REQUIRED TO COMPLETE AT LEAST 26 000 SQUARE METRES OF GROSS FLOOR AREA ON THE SITE BEFORE JUNE 30, 1992.
NOTE TO EDITORS:
YOU ARE INVITED TO COVER THE AUCTION AT THE CITY HALL THEATRE STARTING AT 2.30 PM.
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