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THURSDAY, MARCH 5, 1987
+BUT THERE ARE VERY SEVERE TECHNICAL PROBLEMS HERE BECAUSE THE TOWN HAPPENS TO BE BUILT TOO CLOSE TO THE SEA LEVEL, SO IT SUFFERS FROM CHRONIC FLOODING SEVERAL TIMES A YEAR.+
THE ONLY WAY TO CURE THAT WOULD BE TO RAISE THE WHOLE LEVEL OF THE TOWN, SIR DAVID SAID. THE PROBLEM IS A BIT LIKE THE PROBLEM IN VENICE, HE SAID.
ASKED ABOUT THE SIGNIFICANCE OF RECENT VISITS BY MR GEORGE SHULTZ AND DR HENRY KISSINGER TO HONG KONG, SIR DAVID SAID +THEY WERE PASSING THROUGH HONG KONG ON THEIR WAY TO OTHER PLACES.+
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GOVERNMENT SUPPORT FOR INDUSTRIES OUTLINED
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GOVERNMENT EFFORTS IN INDUSTRIAL DEVELOPMENT SERVICES ARE REINFORCED BY THE PROVISION OF INFRASTRUCTURAL SUPPORT FOR MANUFACTURING INDUSTRIES, AND ONE EXAMPLE OF THIS IS THE PROJECTED PROVISION OF NEARLY $5.9 BILLION FOR PUBLIC WORKS PROGRAMME PROJECTS IN THE COMING FINANCIAL YEAR, THE FINANCIAL SECRETARY, MR PIERS JACOBS, SAID TODAY (THURSDAY).
SPEAKING AT THE LUNCHEON MEETING OF THE ROTARY CLUB OF HONG KONG SOUTH ON GOVERNMENT'S ROLE IN RELATION TO MANUFACTURING INDUSTRIES, HE SAID THE MAIN AREAS OF THIS SUPPORT INCLUDED THE DEVELOPMENT OF TWO INDUSTRIAL ESTATES WHICH PROVIDED LAND FOR INDUSTRIAL PROCESSES WHICH COULD NOT BE CARRIED OUT IN ORDINARY MULTI-STOREY INDUSTRIAL BUILDINGS AND THE CLOSE MONITORING OF DIFFERENT TYPES OF ENERGY AVAILABLE.
FOR EXTERNAL COMMUNICATIONS, HONG KONG HAD THE WORLD'S THIRD LARGEST CONTAINER TERMINAL, AN INTERNATIONAL AIRPORT AND EXCELLENT WORLDWIDE COMMUNICATIONS NETWORKS, HE ADDED.
THERE WAS ALSO A GREATER WILLINGNESS ON THE PART OF LENDING INSTITUTIONS TO SUPPORT THE MANUFACTURING INDUSTRIES.
ELABORATING ON INDUSTRIAL DEVELOPMENT SERVICES, MR JACOBS POINTED OUT THAT AN ON-GOING PROGRAMME OF STUDIES HAD BEEN UNDERTAKEN BY THE INDUSTRY DEPARTMENT TO ASSESS THE OPPORTUNITIES AS WELL AS THE OBSTACLES IN EACH OF THE MAJOR INDUSTRY SECTORS.
MANPOWER TRAINING WAS ALSO PROVIDED THROUGH THE VOCATIONAL TRAINING COUNCIL AND TERTIARY EDUCATION INSTITUTES, WITH INPUTS FROM INTERESTED DEPARTMENTS AND BRANCHES.
/AS FOR