THURSDAY, NOVEMBER 7, 1991
+
"THERE IS NO QUESTION OF SHELVING GOVERNOR SAID.
THE
SEWAGE STRATEGY,
THE
PROJECTS OF SUCH MAGNITUDE "IT CAN AND MUST BE PURSUED. BUT
PHASED WITH NEED TO BE PLANNED CAREFULLY, AND THEIR FUNDING PROPERLY OTHER PUBLIC SPENDING,
F
GOVT ENCOURAGES NEW TECHNOLOGIES DEVELOPMENT: STI
* * *
THE
SAID THE SECRETARY FOR TRADE AND INDUSTRY, MR T.H. CHAU,
DEVELOPMENT (R&D) GOVERNMENT IS SETTING UP AN APPLIED RESEARCH AND SCHEME TO ENCOURAGE THE DEVELOPMENT OF NEW TECHNOLOGIES AND PRODUCTS.
CHAU
SAID THE
GOVERNMENT
MR APPLICATION OF R&D IN HONG KONG.
WILL ALSO
PROMOTE
THE
WIDER
SPEAKING AT THE OPENING OF THE SEMINAR ON TECHNOLOGY ROAD FOR HONG KONG TODAY (THURSDAY), MR CHAU SAID THIS IS NEW GROUND HONG KONG.
MAPS
FOR
"UNDER THE SCHEME, THE GOVERNMENT WILL JOIN WITH COMPANIES FUND THEIR R&D PROJECTS.
TO
"OUR
GOVERNMENT SAID.
TAKE INPUT WILL
THE FORM OF AN
WILL
SUCCESSFUL SHARE IN THE BENEFITS OF
INVESTMENT,
SO THE
PROJECTS,
14
HE
"WE WILL BE
FINANCE SEEKING THE
COMMITTEE'S APPROVAL FUNDING FOR THE SCHEME SHORTLY, WITH THE AIM OF PROCESSING THE APPLICATIONS BY MID-1992," HE SAID.
FOR FIRST
IN
IN THE THE
INFRASTRUCTURE ON OTHER MEASURES TO STRENGTHEN TECHNOLOGY HONG KONG, MR CHAU SAID THE GOVERNMENT FUNDING FOR RESEARCH TERTIARY EDUCATION SECTOR IS BEING BOOSTED FROM $120 MILLION IN 1988/91 TRIENNIUM TO ABOUT $400 MILLION FOR 1991/94.
"AS
WITH
INSTITUTIONS THE R&D CAPABILITY OF THE TERTIARY EDUCATION GROWS,
THEY WILL BE INCREASINGLY WELL PLACED TO SUPPORT THE WORK THE PRIVATE SECTOR ON APPLIED R&D PROJECTS.
OF TURN
THE GRADUATE FULL- TO RISE THE
"IN
EDUCATION, HIGHER
A MAJOR EXPANSION OF PROGRAMME IS UNDER WAY, WITH THE NUMBER OF STUDENTS ENROLLED IN TIME STUDY IN ENGINEERING AND TECHNOLOGY SUBJECTS EXPECTED FROM JUST OVER 10,000 IN 1990 TO ABOUT 30,000 BY THE CENTURY, MR CHAU SAID.
++
SAID THE ALSO IN THE AREA OF EDUCATION AND TRAINING, MR CHAU GOVERNMENT IS PLANNING TO ESTABLISH A NEW TECHNOLOGY TRAINING SCHEME.
FINANCIAL
"UNDER THIS SCHEME, COMPANIES WILL BE ABLE TO OBTAIN ASSISTANCE FOR TRAINING IN IMPORTANT NEW TECHNOLOGIES FOR THEIR CAREER MANAGERS AND TECHNOLOGISTS," HE SAID.
MID-
MR CHÂU