SUNDAY, SEPTEMBER 4, 1988
4
INVESTMENT HAS PLAYED A THE STUDY ALSO SHOWED THAT OVERSEAS
DEVELOPMENT, ESPECIALLY POSITIVE ROLE IN THE INDUSTRY'S
THE COFFEE
то INDUSTRY
NEW TECHNOLOGY MAKER SEGMENT, BY INTRODUCING THE LOCAL AND NEW MARKETS.
TOTAL OVERSEAS INVESTMENT AS AT END OF 1986 MILLION, REPRESENTING 1.2 PER CENT OF THE TOTAL IN HONG KONG'S MANUFACTURING INDUSTRIES.
AMOUNTED ΤΟ $231 OVERSEAS INVESTMENT
OVERSEAS
PRODUCED INVESTMENT COFFEE MAKERS/GRINDERS, CLEANERS, CEILING FANS, TOASTERS
EXPORT-ORIENTED, WITH EXPORTS
A
WIDE
HAIR
AND
SIXTEEN FACTORIES WITH RANGE OF ELECTRICAL PRODUCTS INCLUDING DRYERS/CURLERS, SMOOTHING IRONS, ETC. THEY ARE HIGHLY ACCOUNTING FOR 98 PER CENT OF THEIR TOTAL SALES.
VACUUM
IN TERMS OF EMPLOYMENT, HOUSEHOLD ELECTRICAL APPLIANCES NINTH IN HONG KONG'S MANUFACTURING INDUSTRY, EMPLOYING 21,200 OR
2.4 PER CENT OF ESTABLISHMENTS IN SEPTEMBER 1987.
INDUSTRIAL THE TOTAL
WORKFORCE
RANKED
PERSONS
392
IN
WHITTY STREET COMPOUND TO BE GIVEN FACE-LIFT
PUN
THE WHITTY STREET COMPOUND, A RESIDENTIAL AREA IN SAI YING THAT HAS MANAGEMENT PROBLEMS
POOR ENVIRONMENTAL HYGIENE, WILL SOON BE GIVEN A FACE-LIFT.
AND
THE
COMPOUND,
COMPRISING
18 MULTI-STOREY
BUILDINGS,
WAS LANES
P
OF SMALL
REGARD
TO
AREAS AND BACK CONSTRUCTED DURING THE 1960'S, AND ITS COMMON BETWEEN INDIVIDUAL BUILDINGS WERE JOINTLY OWNED BY HUNDREDS
MAKING IT DIFFICULT
A TO DRAW LANDLORDS,
LINE WITH
MANAGEMENT RESPONSIBILITY.
DURING THE
FEW LAST
YEARS,
ILLEGAL STRUCTURES
USED
FOR
COMMERCIAL, STORAGE AND DOMESTIC PURPOSES MUSHROOMED IN THE BACK LANES.
THE UNSATISFACTORY CONDITIONS HAVE BEEN
BY COMPOUNDED NIGHT IN THE AREA UNLICENSED COOKED FOOD HAWKERS OPERATING DAY AND
AT AND BY VEHICLES PARKED ILLEGALLY IN THE LANES AND ON A VACANT SITE THE CENTRE OF THE COMPOUND.
WITH
ACTION
Br
THE CENTRAL AND WESTERN DISTRICT BOARD HAS BEEN CONCERNED THE UNSATISFACTORY CONDITIONS, AND SUGGESTED THAT REMEDIAL TAKEN BY THE GOVERNMENT.
/ACTING ON