6
WED
GEF11BER 25, 1991
CENT
INVESTMENT
"IN THIS CONNECTION, JAPAN IS A CLOSE SECOND TO THE USA,
31 ACCOUNTED FOR
PER
OF TOTAL OVERSEAS MANUFACTURING," HE SAID.
MR BARMA SAID JAPANESE INVESTMENT HAD BEEN GROWING MUCH THAN THE U.S.IN THE LAST COUPLE OF YEARS.
WHICH IN
FASTER
JAPANESE
OF
+
"THE GROWTH OF JAPANESE INVESTMENT MANIFESTATION OF ECONOMIC DYNAMISM PROSPERITY, HE SAID.
IN
KONG HONG
BUSINESSMEN'S
AND ITS
HONG KONG 19 STRONG CONFIDENCE IN
THE
CONTINUED STABILITY
AND
MR BARMA SAID THE GOVERNMENT
HAD TAKEN VARIOUS MEASURES IN
TANDEM TO UPGRADE THE TECHNOLOGY LEVEL OF ITS INDUSTRY.
THE NUMBER OF UNIVERSITY "WE RECOGNISE THE NEED TO INCREASE GRADUATES, IMPROVE THE QUALITY OF TERTIARY EDUCATION AND PROVIDE TRAINING IN
MUCH-NEEDED ENGINEERING MANUFACTURING.
THOSE
SKILLS
"MASSIVE INVESTMENTS ARE MADE TO THAT END,
MORE
APPLICABLE
TO
** HE SAID.
ORGANISATIONS
FURTHERMORE, THERE WERE OTHER GOVERNMENT-FUNDED
AND CENTRES OF SUCH AS THE HONG KONG INDUSTRIAL TECHNOLOGY CENTRE,
ACADEMIC INSTITUTIONS ΤΟ FACILITATE EXCELLENCE AT VARIOUS TERTIARY
INDUSTRIAL APPLICATION OF RESEARCH TECHNOLOGY TRANSFER AND PROMOTE TECHNOLOGIES.
"THE HONG KONG INDUSTRIAL TECHNOLOGY CENTRE IS TARGETTED TO BE DESIGN AND DEVELOPMENT SERVICE FULLY OPERATIONAL IN 1993, WITH THE
TO EXPECTED AND TECHNOLOGY EARLIER IN 1991.
TRANSFER
FACILITY
BE
AVAILABLE
EVEN
ΤΟ STIMULATE GROWTH OF ASSIST THEM WITH PRODUCT THE TRANSFER OF TECHNOLOGIES ΤΟ HELP WITH THE COMMERCIAL
"THE CENTRE WILL ACT AS AN INCUBATOR INNOVATIVE NEW TECHNOLOGY-BASED FIRMS AND DESIGN AND DEVELOPMENT; TO FACILITATE RELEVANT TO HONG KONG'S INDUSTRY; AND EXPLOITATION OF RESEARCH UNDERTAKEN LOCALLY," HE SAID.
SAID THE
HONG KONG
GOVERNMENT
ALSO
SAW THE MR BARMA
CRUCIAL DEVELOPMENT OF A LOCAL RESEARCH AND DEVELOPMENT CAPABILITY AS
THE PARTICULAR APPLIED TECHNOLOGIES TO BE USEFULLY
FOR
IN
CIRCUMSTANCES OF HONG KONG'S INDUSTRIAL ENVIRONMENT.
IMPROVE THE RESEARCH AND "THE GOVERNMENT IS THUS SEEKING TO DEVELOPMENT CAPABILITIES OF TERTIARY EDUCATION INSTITUTIONS.
"THE FUNDING FOR RESEARCH PROJECTS FOR rt HE SAID. HAS BEEN PLANNED FOR US$53 MILLION,
THE 1992-95 TRIENNIUM
AN
то MAINTAINING TO FUNCTION EFFICIENTLY
MR BARMA SAID THE GOVERNMENT WAS DEDICATED ENVIRONMENT IN WHICH BUSINESS WOULD BE ABLE AND PROSPER.
/HE SAID