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MONDAY, MAY 30, 1988
ANOTHER OF THE MORE RECENT EFFORTS TO IMPROVE FACILITIES FOR THE INDUSTRIAL SECTOR WAS THE DECISION TO INTRODUCE A MORE PERMANENT INDUSTRIAL EXTENSION SERVICE TO MARKET, THROUGH DIRECT CONTACT WITH SELECTED MEDIUM-SIZED MANUFACTURERS, INDUSTRIAL SUPPORT SERVICES PROVIDED EITHER BY THE GOVERNMENT OR BY OTHER ORGANISATIONS.
"THESE SERVICES IN THEIR DIFFERENT WAYS EITHER IMPROVE THE INFRASTRUCTURE WITHIN WHICH OUR INDUSTRIES OPERATE OR ENABLE THEM ΤΟ DEVELOP BY IMPROVING PRODUCTIVITY AND RAISING QUALITY.
"AN ADDITIONAL BENEFIT OF THIS SERVICE IS THAT THROUGH PERSONAL CONTACTS WITH MANUFACTURERS, AND WITH THEIR CO-OPERATION, GOVERNMENT CAN BECOME MORE RESPONSIVE TO INDUSTRY'S CHANGING NEEDS, MRS CHAN SAID.
+I
THE THIRD INITIATIVE FROM THE GOVERNMENT CONCERNED HONG KONG'S NEED FOR A TECHNOLOGY CENTRE, SHE NOTED.
THE INDUSTRY DEVELOPMENT BOARD HAD RECENTLY CONSIDERED THIS AND HAD ADVISED THAT CONSULTANTS WOULD BE APPOINTED AS SOON AS POSSIBLE TO ADVISE WHETHER THERE WAS SCOPE FOR A SUCCESSFUL TECHNOLOGY CENTRE IN HONG KONG TO PROVIDE ACCOMMODATION UNDER ONE ROOF FOR COMPANIES ENGAGED IN INDUSTRIAL RESEARCH AND DEVELOPMENT, PRODUCT AND PROCESS IMPROVEMENT, MANAGEMENT CONSULTANCY SERVICES AND VENTURE CAPITAL OPERATIONS.
"THIS STUDY IS EXPECTED TO TAKE SIX MONTHS AND SHOULD PROVIDE A FIRM BASIS FOR GOVERNMENT TO TAKE A DECISION, MRS CHAN SAID.
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SALE OF THREE SITES FETCHED $224 M
**
THREE GOVERNMENT SITES WERE SOLD AT A PUBLIC AUCTION HELD TODAY (MONDAY) WITH A REALISED TOTAL PREMIUM OF $224 MILLION,
THIS IS THE FIRST LAND AUCTION HELD BY THE BUILDINGS AND LANDS DEPARTMENT IN THE CURRENT FINANCIAL YEAR.
TWO OF THE SITES ARE IN THE NEW TERRITORIES AND ONE ON HONG KONG ISLAND. ALL ARE FOR INDUSTRIAL AND/OR GODOWN USES BUT EXCLUDING OFFENSIVE TRADES.
ONE OF THE SITES IS LOCATED IN AREA 40 IN TUEN MUN. IT COVERS AN AREA OF ABOUT 4,953 SQUARE METRES.
/BIDDING STARTED ..