THURSDAY, AUGUST 11, 1988
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ACTING GOVERNOR VISITS FACTORIES
THE ACTING GOVERNOR, SIR DAVID FORD, VISITED SMART SHIRTS LTD AND NANYANG COTTON MILL LTD IN KWUN TONG THIS (THURSDAY) AFTERNOON.
HE WAS ACCOMPANIED ON THE VISIT BY THE ACTING DIRECTOR INDUSTRY, MR ANDREW LEUNG.
OF
SIR DAVID WAS FIRST BRIEFED ON SMART SHIRTS LTD BY FACTORY 'SMANAGING DIRECTOR, MR YING TO-FOO.
THE
HE THEN TOURED THE PLANT TO TAKE A CLOSER LOOK AT THE HIGH QUALITY AND PRICE CATEGORY SHIRTS PRODUCED BY THE FACTORY, WHICH WAS ESTABLISHED IN 1957.
9IR DAVID LATER VISITED NANYANG COTTON MILL LTD AND WAS RECEIVED BY THE FACTORY'S DIRECTOR AND MANAGER, MR LINCOLN YUNG.
HE WAS SHOWN THE YARNS AND DENIM PRODUCED BY THE FACTORY WHICH ARE FOR BOTH LOCAL CONSUMPTION AND MARKETS IN THE USA, EUROPEAN AND SOUTH ECONOMIC COMMUNITY, AUSTRALIA, NEW ZEALAND, SOUTHEAST ASIA AMERICA.
NANYANG COTTON MILL LTD WAS INCORPORATED IN 1947.
IN EARNING
THE TEXTILES AND CLOTHING INDUSTRIES PLAY AN IMPORTANT ROLE HONG KONG'S ECONOMY, PROVIDING THE TERRITORY WITH BOTH EXPORT AND JOB OPPORTUNITIES.
AS IN MARCH THIS YEAR THE TWO INDUSTRIES EMPLOYED CENT PERSONS IN 13,595 ESTABLISHMENTS, ACCOUNTING FOR 42 PER TOTAL EMPLOYMENT IN MANUFACTURING INDUSTRIES.
IN 1987 THE VALUE OF DOMESTIC EXPORTS OF TEXTILES AND
KONG'S TOTAL WAS $81,326 MILLION OR 42 PER CENT OF HONG DOMESTIC EXPORTS FOR THE SAME YEAR.
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359,870 OF THE
CLOTHING VALUE
OF
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0
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