2
TUESDAY, MARCH 26, 1991
FIELDS,
RANKED SECOND
JAPAN ALSO LEADS OTHER OVERSEAS INVESTORS IN ALL THESE
IN WHICH JAPAN IS EXCEPT THE ELECTRONICS INDUSTRY, AFTER THE UNITED STATES.
MR WONG SAID DURING 1989 THE INDUSTRY DEPARTMENT ASSISTED 10 AND HELPED JAPANESE MANUFACTURERS TO SET UP NEW PLANTS IN HONG KONG, THREE MANUFACTURERS EXPAND THEIR PRODUCTION FACILITIES.
PROJECTS,
IN 1990 THE DEPARTMENT ASSISTED IN FOUR NEW JAPANESE AS WELL AS IN THE EXPANSION OF FIVE JAPANESE FACTORIES IN HONG KONG.
THE LAST
24
THE MONTHS,
IN ADDITION, OVER
DEPARTMENT ASSISTED SOME 20 MANUFACTURERS IN SETTING UP OFFICES IN HONG KONG SALES OR PROCUREMENT ACTIVITIES.
HAD
FOR
TUBE
KONG LTD
AND
PARTS
AND
HONG TECHNOLOGIES
PHOTOCOPIER
TUBE), NEC
OFFICE
FOR
SOME EXAMPLES OF THESE NOTABLE PROJECTS INCLUDED PACIFIC CORP LTD (GALVANISED STEEL (MANUFACTURING MANAGEMENT HEADQUARTERS FOR COMPUTER PERIPHERALS) RICOH CO. LTD COMPONENTS).
(PROCUREMENT
DEPARTMENT'S RECORDS, MR WONG SAID.
MEANWHILE,
THERE WERE
SOME 60 ACTIVE PROJECTS
ON
THE
"WE SHALL SOON SEE FRUITION OF TWO JAPANESE MANUFACTURING PROJECTS THE DYEING AND FINISHING PROJECT OF ASANO DYEING LTD AND THE COPPER FOIL PLANT OF NIKKO GOULD.
CO.
(HK)
"I
NEAR "THERE ARE A NUMBER OF EXPANSION PROJECTS
ARE FIRM COMPLETION, ALL OF WHICH
EVIDENCE OF SUSTAINED JAPANESE INVESTMENT INTEREST, HE SAID.
THE
STAGE
OF
MR WONG SAID THE GOVERNMENT WAS DEDICATED ΤΟ MAINTAINING AN ENVIRONMENT IN WHICH BUSINESS WOULD BE ABLE
FUNCTION EFFICIENTLY
AND PROSPER.
то
KONG AND DO
HONG IN "THE INCREASING PRESENCE OF JAPANESE INVESTMENT IS ALREADY PROOF THAT THEY HAVE BEEN ABLE TO FIND NICHE AREAS PROFITABLE BUSINESS THERE, HE SAID.
"
+
HONG KONG PLAYS A MAJOR ROLE IN INT 1. FIGHT AGAINST DRUG MONEY
HONG KONG IS
PLAYING A
IN THE ROLE MAJOR
ASPECTS
FINANCIAL
DEVELOPMENT
OF
OF THE ILLICIT EFFECTIVE MEASURES TO ATTACK THE DRUG TRADE WORLD-WIDE, THE COMMISSIONER FOR NARCOTICS, MR DAVID WEEKS, SAID TODAY (TUESDAY).
SPEAKING AT A LUNCHRON MEETING OF THE ROTARY CLUB OF PENINSULA,
THE ASIA/PACIFIC MR WEEKS SAID THIS WAS WITH PARTICULAR REFERENCE TO
HONG REGION AFTER
KONG BECAME
SINCE AN ACTIVE PARTICIPANT DECEMBER IN THE WORK OF THE FINANCIAL ACTION BY THE G7 GROUP OF DEVELOPED COUNTRIES IN 1989.
LAST
TASK FORCE ESTABLISHED
/HIS SPEECH