FRIDAY, JUNE 7, 1991
MANUFACTURING LIKELY TO REMAIN SIGNIFICANT PART OF
HK'S ECONOMY: SURVEY
GNIF
PART OF
HONG
MANUFACTURING IS LIKELY TO REMAIN A SIGNIFICANT RONG'S ECONOMY FOR THE FORESEEABLE FUTURE DESPITE RELOCATION OF
PROCESSES TO LABOUR-INTENSIVE
CHINA, A SURVEY
BY CONDUCTED
THE
D'STRY DEPARTMENT HAS POUND.
LOCAL
AND
THE
THE SURVEY, RELEASED TODAY (FRIDAY), INDICATES THAT MOST 'IANUFACTURERS WITH PLANS TO EXPAND INTO CHINA HAD ALREADY DONE SO
TO THAT THE BULK OF THE REMAINDER WOULD PREFER
STAY HERE, PROVIDED CONDITIONS ARE RIGHT.
ACROSS HOWEVER, SOME CONTINUING EXPANSION BORDER CAN BE EXPECTED, BUT AT A SLIGHTLY LOWER RATE THAN BEFORE.
OF
FOR A SPOKESMAN
THE INDUSTRY DEPARTMENT SAID THE SURVEY, CONDUCTED LATE LAST YEAR, WAS THE LARGEST SAMPLE SURVEY MANUFACTURERS EVER UNDERTAKEN BY THE DEPARTMENT.
ון
MANUFACTURERS
ON
IT WAS AIMED AT ASCERTAINING THE VIEWS OF THE FUTURE DEVELOPMENT OF INDUSTRY IN HONG KONG," HE SAID.
INVOLVING 10,000 MANUFACTURERS, ITS PURPOSE WAS TO OBTAIN STATISTICS ON WHETHER MANUFACTURING INDUSTRY IN THE TERRITORY 18 LIKELY TO GROW OR DECLINE; THE TYPE OF INDUSTRIAL ACCOMMODATION
GOVERNMENT'S NEEDED BY MANUFACTURERS; AND WHETHER THE
AND OTHER INFRASTRUCTURE POLICIES SHOULD BE CHANGED.
EXISTING LAND
IT WAS ALSO AIMED AT GATHERING VIEWS ON HOW OLDER INDUSTRIAL AREAS OF KOWLOON AND HONG KONG
BE REDEVELOPED IN ACCORDANCE
BE WITH THE METROPLAN PROPOSALS; HOW INDUSTRIALISTS MIGHT
ENCOURAGED TO TAKE UP LAND IN THE WESTERN SIDE
THE
AS TERRITORY
ENVISAGED A BUSINESS PARK UNDER PADS; WHETHER A SCIENCE PARK
SHOULD BE GROWTH OF DEVELOPED; AND THE EXTENT
MANUFACTURING AND OUTWARD PROCESSING IN GUANGDONG BY HONG KONG MANUFACTURERS.
MIGHT
OF AND
AND LIKELY
T
"THE SURVEY RESULTS PROVIDE AN EXTREMELY VALUABLE SOURCE OF DATA FOR INDUSTRIAL DEVELOPMENT PLANNING PURPOSES, THE SPOKESMAN SAID.
HE SAID THAT, AS REGARDS THOSE MANUFACTURING INDUSTRIES LIKELY TO REMAIN IN HONG KONG, THE SURVEY INDICATED THAT'
AND AUTOMATION, THOSE ACTIVITIES WHICH WOULD SUPPORT THE SOUTHERN CHINA MANUFACTURING REGION, WERE MOST LIKELY TO SRE GROWTH.
A
GREATER DEMAND FOR SPECIAL REQUIREMENT FOR TRADITIONAL
"AS A RESULT, THERE SHOULD BE PURPOSE DESIGNED BUILDINGS AND A LESSER HIGH-RISE FACTORIES,
ΤΟ MEET ΤΟ 64 PER
"NONETHELESS, HIGH-RISE FACTORIES WILL STILL CONTINUE THE NEEDS OF 51 PER CENT OF ALL MANUFACTURERS, AS OPPOSED PENT TODAY, THE SPOKESMAN SAID.
AS REGARDS OTHER INFRASTRUCTURE NEEDS, HE SAID, THE SURVEY
SHOWED THAT BY FAR THE GREATEST CONCERN OF MANUFACTURERS WAS ADEQUATE LORRY PARKING SPACES IN INDUSTRIAL AREAS.
LACK OF
/THE SPOKESMAN