THURSDAY, JUNE 13, 1991
ITIVE DEVELOPMENTS
IN ASIA
HA EXEMPLIFIES POSITI
KONG IS TODAY
NO BUSINESS OR ENTERPRISE WISHING TO PLAY A ROLE IN THE GLOBAL ECONOMY CAN AFFORD TO IGNORE THE ASIAN REGION, OF WHICH HONG A VITAL PART, THE DIRECTOR OF INDUSTRY, (THURSDAY).
SAID
MR T.H.
SAID BARMA,
SPEAKING AT A MEETING WITH CONSEILLERS DU COMMERCE EXTERIEUR IN PARIS, MR BARMA
IN MANY WAYS HONG KONG EXEMPLIFIED THE WHICH WAS POSITIVE DEVELOPMENTS TAKING PLACE THERE AND PLAYED A ROLE DISPROPORTIONATE TO ITS PHYSICAL SIZE.
HE SAID WHILE ASIA-PACIFIC HAD MANY ECONOMIC HONG KONG'S RANGE OF ATTRACTIONS WAS UNIQUE.
"FIRMLY COMMITTED TO A FAIR AND OPEN BUILT AN ECONOMY
FUNCTIONS WHICH
SMOOTHLY ENVIRONMENT THAT ALLOWS BUSINESS TO PROSPER.
SUCCESS
STORIES,
POLICY,
MARKET
WE HAVE AND HAVE PROVIDED THE
"HONG KONG MAY NOT BE THE ONLY PLACE IN ASIA, TRUE MELTING-POT OF THE RAST AND THE WEST.
BUT IT IS 'THE
HAVE A PRESENCE
HE SAID.
"IT MUST BE THE PLACE FOR ANY CORPORATION TO IF IT WISHES TO PARTICIPATE IN THE DYNAMIC ASIAN REGION,
STRATEGIC
MR BARMA SAID HONG KONG ENJOYED A CROSSROADS OF ASIA, RIGHT AT THE DOORSTEP OF CHINA.
ГГ
LOCATION
4
AT
THE
AIRLINE IN
NO CAPITAL CITY IN THE REGION WAS MORE THAN A FEW HOURS FLYING TIME AWAY, AND HONG KONG WAS SERVED BY ALMOST EVERY MAJOR THE WORLD.
"IN 1990 ALONE, THE INTERNATIONAL AIRPORT IN HONG KONG HANDLED
MILLION ABOUT 15
TRAVELLERS AND SHIFTED OVER
OF 800,000 TONNES AIRFREIGHT, HE SAID.
WITH A DEEPWATER PORT, MR BARMA SAID, SEA TRANSPORT WAS EQUALLY EFFICIENT.
"THE CONTAINER PORT PROVIDES NO LESSER SERVICE AND IS RUNNING NECK AND NECK WITH SINGAPORE AS THE BUSIEST IN THE WORLD.
"THE TOTAL THROUGHPUT LAST YEAR WAS IN EXCESS OF FIVE MILLION TEU'S (20-FOOT EQUIVALENT UNIT). HE SAID.
KONG MR HARMA SAID HONG CENTRE FOR THE REGION.
HAD BECOME AN IMPORTANT FINANCIAL
DEPOSIT-TAKING COMPANIES OF WHICH 136 WERE INCORPORATED
BY APRIL THIS YEAR, THERE WERE 214 AND 166 LICENSED BANKS IN HONG KONG, OVERSEAS.
HE SAID THE HONG KONG STOCK EXCHANGEK WAS AMONG
VIEWED AS LEADING BOURSES, AND GENERALLY
RELIABLE ASIAN BUSINESS TRENDS BY OVERSEAS INVESTORS.
A
THE WORLD'S BAROMETER OF
/"INSURANCE AND