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WEDNESDAY, MAY 30, 1990
HE SAID THERE WAS THUS A MARKED SHIFT OUT OF BASICALLY ASSEMBLY-TYPE OPERATIONS INTO RELATIVELY SOPHISTICATED PRODUCTS OF HIGHER QUALITY, REFLECTING GROWING CONFIDENCE IN HONG KONG'S ABILITY TO MANUFACTURE HIGHER END PRODUCTS.
MR BARMA SAID A NUMBER OF PRIVATE COMPANIES HAD ALSO RECOGNISED THE OPPORTUNITIES FOR HIGHER TECHNOLOGY IN HONG KONG'S INDUSTRIAL ACTIVITIES.
HE SAID THESE INCLUDED HIMONT EAST LTD, A SUBSIDIARY OF THE U.S. FIRM HIMONT INC; MOTOROLA OF THE U.S.; ALPHA METALS LTD OF THE UK; AND NIPPON ELECTRIC COMPANY LTD OF JAPAN. THE INVESTMENT BY RACH OF THESE COMPANIES RANGED FROM OVER US$4 MILLION TO US$77 MILLION.
MR BARMA TOLD JAPANESE COMPANY EXECUTIVES AT THE SYMPOSIUM: "HONG KONG IS A PLACE WHERE YOU CAN FIND OPPORTUNITIES AND CHALLENGES FOR COMMERCIAL AND INDUSTRIAL ACTIVITIES.
"THE OPPORTUNITY IS THERE FOR JAPANESE MANUFACTURING TO SHARE IN THIS DYNAMIC CITY THAT IS HONG KONG," HE SAID.
MORE THAN 150 JAPANESE SYMPOSIUM WHICH WAS ORGANISED ORGANISATION (JETRO) TO PROMOTE HONG KONG.
MR BARMA WILL ALSO SPEAK INDUSTRIAL INVESTMENT PROMOTION (THURSDAY).
INTERESTS
COMPANY EXECUTIVES ATTENDED THE BY THE JAPAN EXTERNAL TRADE JAPANESE INDUSTRIAL INVESTMENT IN
ON THE SAME SUBJECT AT ANOTHER SYMPOSIUM IN YOKOHAMA TOMORROW
FINANCE COMMITTEE TO MEET ON FRIDAY
* * *
THE FINANCE COMMITTEE WILL HOLD A MEETING ON FRIDAY IN THE LEGISLATIVE COUNCIL CHAMBER.
(JUNE
1).
COMMITTEE'S
THEY MAY MAKE
THE MEETING WILL BEGIN AT 2.30 PM,
MEMBERS OF THE PUBLIC ARE WELCOME TO OBSERVE THE
PROCEEDINGS FROM THE CHAMBER'S PUBLIC RESERVATIONS BY TELEPHONING 844 0899.
GALLERIES AND
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