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MONDAY, MARCH 16, 1987
+ THE INDUSTRIAL ESTATES WERE CREATED TO PROVIDE SITES FOR THOSE MANUFACTURERS WHO COULD NOT OPERATE EFFICIENTLY IN ORDINARY MULTI-STOREY FACTOR IES, AND WHOSE ACTIVITIES WOULD BROADEN THE BASE OF OUR INDUSTRIES EITHER THROUGH THE MANUFACTURE OF PRODUCTS NEW TO HONG KONG OR THROUGH THE INTRODUCTION OF NEW PROCESSES AND TECHNIQUES.
+TO DATE, ALMOST 50 FACTORIES HAVE BEEN BUILT AND ARE IN PRODUCTION ON THE TWO ESTATES, WHILST A FURTHER 30 SITES HAVE BEEN GRANTED ON WHICH FACTORIES ARE BEING BUILT OR WILL SHORTLY BE CONSTRUCTED.
+THESE FACTOR IES PRODUCE A WIDE RANGE OF MANUFACTURES AND SEMI-MANUFACTURES, WHICH HELP TO BROADEN AND STRENGTHEN OUR INDUSTRIAL BASE AND OUR EXPORT PROSPECTS, BY VIRTUE OF BEING RELATIVELY NEW PRODUCTS AND THROUGH THE MAKING OF HIGH-PRECISION COMPONENTS AND PARTS.+
HE ADDED THAT THE CORPORATION HAD RECEIVED BETWEEN 20 AND 30 ENQUIRIES PER MONTH OVER THE PAST YEAR OR SO FROM WHICH ABOUT TWO OR THREE HAD RESULTED IN ACTUAL APPLICATIONS BEING MADE FOR SITES, WITH A RATE OF APPROVAL RUNNING AT ABOUT 85 TO 90 PER CENT.
+THE PAST TWO YEARS HAD BEEN THE DISPOSAL OF SOME 25 HECTAREJ OF LAND PLUS FIVE STANDARD FACTORIES, HE NOTED.
+THESE RESULTS ARE EXCELLENT, REFLECTING AS THEY DO A HEALTHY INVESTMENT CLIMATE, THE GENERAL BUOYANCY OF HONG KONG'S INDUSTRIAL PRODUCTION, AND THE ATTRACTION OF HONG KONG AS A MANUFACTURING CENTRE.+
UPGRADING SKILLS OF CONSTRUCTION WORKERS NEEDED
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UPGRADING OF SKILLS WILL BE MORE AND MORE NECESSARY AS CONSTRUCTION PROJECTS BECAME BIGGER AND MORE COMPLEX, THE ACTING GOVERNOR, SIR DAVID AKERS-JONES, SAID THIS (MONDAY) AFTERNOON.
OFFICIATING AT THE FOUNDATION STONE-LAYING CEREMONY FOR THE CONSTRUCTION INDUSTRY TRAINING AUTHORITY'S THIRD TRAINING CENTRE IN ABERDEEN, HE SAID THE CONSTRUCTION INDUSTRY HAD A GOOD YEAR IN 1986 WITH A 22 PER CENT INCREASE OVER 1985 IN THE TOTAL USABLE FLOOR AREA IN BUILDING PLANS WITH CONSENT TO COMMENCE WORK.
/AS CONSTRUCTION