TUESDAY, MARCH 20, 1990
1
PREPARATION FOR COMMUNITY-WIDE ELECTRONIC DATA INTERCHANGE
*
BUSINESS
THE GOVERNMENT IS SETTING UP A JOINT PROJECT WITH THE COMMUNITY TO MOVE ON TO THE NEXT PHASE OF PREPARATION FOR A COMMUNITY- WIDE ELECTRONIC DATA INTERCHANGE (EDI) SERVICE FOR HONG KONG.
INDUSTRY, MR JOSEPH WONG THE ACTING SECRETARY FOR TRADE AND WING-PING, ANNOUNCED THIS AT A PRESS CONFERENCE TODAY (TUESDAY).
FOR
EDI
-
THE
INITIATIVE
OF
CHRISTENED SPEDI SHARED PROJECT WILL BE JOINTLY FUNDED BY THE GOVERNMENT AND TRADELINK, A GROUPING 11 OF HONG KONG'S LEADING BUSINESS ORGANISATIONS.
SERVICE
CONCEPT THE GROUPING FIRST PROPOSED THE
OF A COMMUNITY KDI HAS NOVEMBER 1987, AND IN
A SINCE UNDERTAKEN
MAJOR, STUDY AS GOVERNMENT-SUPPORTED CONSULTANCY
WELL AS AN EXTENSIVE EDUCATIONAL CAMPAIGN ON EDI.
THE PROJECT WILL COST $9 MILLION AND WILL BE EQUALLY FUNDED THE GOVERNMENT AND TRADELINK.
EDI
BY
APPLICATION OF
POPULARLY PROMOTED AS "PAPERLESS TRADING", THE IN BUSINESS TRANSACTIONS ENVISAGES THE COMPUTER-TO-COMPUTER TRANSFER OF BUSINESS DATA IN SUCH A WAY THAT EACH TRANSACTION IN THE TRADING CYCLE FOR EXAMPLE
INVOICING, EXPORT LICENSING, CAN BE COMPLETED ALMOST SHIPPING AND TRADE PAYMENTS WITH A MINIMUM OF HUMAN INTERVENTION.
―
ORDERING,
INSTANTLY, AND
WAY OF EDI IS FAST BECOMING THE EXPECTED
DOING BUSINESS IN WHILE IN ASIA COUNTRIES SUCH AS MANY PARTS OF THE USA AND EUROPE SINGAPORE AND KOREA HAVE ALREADY EMBARKED ON COMMUNITY EDI PROJECTS TO ENHANCE THEIR FUTURE COMPETITIVENESS IN INTERNATIONAL MARKETS.
TO COMMITMENT
TAKE THE
** FORWARD, MR
"THE PROJECT UNDERLINES GOVERNMENT'S DEVELOPMENT OF AN EDI SERVICE IN HONG KONG ANOTHER STEP WONG SAID.
OPEN AND COMMITTED
THE
HE SAID THE GOVERNMENT WAS STILL KEEPING ALL OPTIONS THAT THE GOVERNMENT HAD THE JOINT PROJECT DID NOT IMPLY ITSELF AT THIS STAGE TO ANY PARTICULAR MODEL FOR THE PROVISION OF EDI FACILITIES IN HONG KONG,
DETAILED BUSINESS "THE PURPOSE OF THE PROJECT IS TO DEVELOP A
WITH PROPOSAL AND TECHNICAL SPECIFICATIONS FOR SHARED EDI FACILITIES,
EDI SERVICE AN INITIAL
CENTRED AROUND A PARTICULAR REFERENCE TO
THE CAREFULLY SELECTED GROUP OF GOVERNMENT AND BUSINESS TRANSACTIONS.
LOW-COST METHODS OF ACCESSING EDI ALSO INVESTIGATE PROJECT WILL SERVICES," HE SAID.
YEAR.
THE PROJECT WAS EXPECTED TO BE COMPLETED
BY THE END OF THE
/"WE BELIEVE