-
MONDAY, MAY 27, 1991
JAPANESE MANUFACTURERS FIND EXPANDING OPERATIONS IN HK PROFITABLE
EXPAND
THE ACTING
MANY JAPANESE MANUFACTURERS HAVE FOUND IT PROFITABLE TO THEIR OPERATIONS SOON AFTER LOCATING TO HONG KONG, DIRECTOR OF INDUSTRY, MR WILFRED WONG, SAID THIS (MONDAY) EVENING.
PRODUCTION
MR WONG SAID THESE COMPANIES EITHER INCREASED THEIR CAPACITY, ADOPTED NEW OR ADVANCED PRODUCTION TECHNIQUES AND MACHINERY, OR PROCEEDED ON TO THE PRODUCTION OF ENTIRELY NEW LINES OF PRODUCT.
SPEAKING AT THE
10TH ANNIVERSARY
CELEBRATIONS
OF DAIDO SAID: "THE COMPANY IS A SHINING CONCRETE (HONG KONG) LIMITED, HE
OF A EXAMPLE
HIGHLY ENTERPRISE, JAPANESE FORESIGHT AND SUCCESSFUL INVESTMENT IN HONG KONG'S MANUFACTURING INDUSTRY."
OF
AND
+
MR WONG SAID THE READINESS OF JAPANESE MANUFACTURERS TO
LARGELY ΤΟ KONG WAS DUE
THEIR FIRST-HAND THEIR BUSINESS IN HONG KNOWLEDGE OF THE ABUNDANT OPPORTUNITIES AVAILABLE HERE.
EXPAND
HE SAID RE-INVESTMENT BY COMPANIES ALREADY ESTABLISHED IN KONG HAD PARTICULAR SIGNIFICANCE.
HONG
"FIRST, THIS REFLECTS THEIR CONFIDENCE IN THE CAPABILITIES SKILLS OF OUR LABOUR FORCE IN MASTERING NEW TECHNOLOGY.
TRANSFER OF USEFUL TECHNOLOGIES BROADEN OUR INDUSTRIAL BASE AND UPGRADE THE TECHNOLOGY MANUFACTURING COMMUNITY.
"SECOND, THE
AND
HAS HELPED OF THE LOCAL
"THIRD,
FURTHER
THAT
INVESTMENTS BY
MIGHT DESPITE ALL THE PROBLEMS TRANSITION, HONG KONG, WITH ITS MANY STRATEGIC THE BEST PLACE TO DO BUSINESS IN THE REGION,
WE
OVERSEAS
BE
COMPANIES SIGNIFY
FACING DURING ADVANTAGES, IS STILL
THE
*
HE SAID.
HAD
LONG BEEN
A
SIGNIFICANT
SOURCE OF
MR WONG SAID JAPAN INDUSTRIAL INVESTMENT IN HONG KONG.
29.1 OR
WITH ESTABLISHMENTS
PER
JAPANESE
THERE WERE 180 MANUFACTURING
ACCOUNTED FOR A CUMULATIVE INVESTMENT AND BY THE END OF 1989 THEY
BILLION,
CENT OF TOTAL INVESTMENT OF $8.6 INDUSTRIAL INVESTMENT IN HONG KONG, A CLOSE SECOND TO THE ACCOUNTED FOR 31 PER CENT.
THE
PHENOMENAL
GROWTH
OVERSEAS USA WHICH
INDUSTRIAL
NEW PROJECTS
JAPANESE IN MR WONG SALD INVESTMENT IN RECENT YEARS WAS ATTRIBUTABLE NOT ONLY TO BUT ALSO TO THE EXPANSION OF EXISTING PLANTS.
DAIDO
"I AND MY COLLEAGUES ARE PRIVILEGED TO BE ABLE TO ASSIST
OTHER JAPANESE MANUFACTURERS, CONCRETE (HONG KONG) LIMITED, AND THEIR EXPANSION PLANS," HE SAID.
0
/2
IN