7
1
TUESDAY, NOVEMBER 19, 1991
IN
RESEARCH
HE SAID THE OBJECT OF THE SCHEME WAS TO ENCOURAGE HIGHER PRIVATE SECTOR INVESTMENT DEVELOPMENT.
OF
APPLIED
"IN RETURN, THE GOVERNMENT COULD SHARE COMMERCIALLY VIABLE PROJECTS IT HAS SUPPORTED.
THE R
LEVEL AND
IN
THE BENEFITS FROM
THREE
"WE ALSO HOPE TO IMPROVE
AND D CAPABILITIES OF OUR UNIVERSITIES AND COLLEGES AND INCREASE THE FUNDING FOR THE NEXT YEARS TO OVER US$50 MILLION, HE SAID.
**
BUREAUCRATS
MR BARMA SAID IT WAS ONE OF HONG KONG'S ITS BUSINESSMEN
NOT DIRECTIONS AND NEW OPPORTUNITIES.
THAT
-
ITS
--
GREATEST STRENGTHS
DISCOVERED
NEW
REACT TO THE THAT
HOWEVER, HE ADDED, THE GOVERNMENT CERTAINLY DID NEEDS OF BUSINESS AND IT HAD A GOOD TRACK RECORD FOR MAKING SURE THE INFRASTRUCTURE DID NOT LAG BEHIND OPPORTUNITIES.
SUCH "IN MANY CASES
—
WHICH
-
AS THE CONTINUOUS
OF DEVELOPMENT MORE HANDLES
CONTAINERS THAN CONTAINER PORT
ANY PORT
DEVELOPMENT IS
LED PRIVATE-SECTOR
AND IT RUNS EUROPE OR THE USA AHEAD OF DEMAND SO THAT THE CAPACITY IS ALWAYS THERE.
THE
IN
'AS A MATTER OF FACT, CURRENT PLANS ARE TO EXPAND ITS FIVEFOLD OVER THE NEXT 15 YEARS," HE SAID.
CAPACITY
ON HONG KONG'S NEW AIRPORT, MR BARMA SAID WORK HAD STARTED PROJECT WHICH WOULD TRIPLE CONTRACTS WERE BEING LET FOR THIS EXISTING AIRPORT CAPACITY IN SIX YEARS' TIME.
AND
THE
"THE NEW AIRPORT WILL HANDLE SOME 80 MILLION PASSENGERS A YEAR.
PROJECTS TOGETHER TAKING THE INTEGRATED PORT AND AIRPORT DEVELOPMENT
HAVE THE WITH THEIR ASSOCIATED ROAD, RAIL AND BRIDGE CONNECTIONS, WE
IN LARGEST CIVIL ENGINEERING PROJECT IN THE WORLD CURRENTLY UNDER WAY HONG KONG,
4
—
"IF THIS IMPRESSES YOU AS I HOPE IT DOES
SET OUT I AM MAKING THE POINT THAT WE DELIBERATELY HONG KONG'S INFRASTRUCTURE MEETS THE EXPECTATIONS OF AND WORK IN HONG KONG, HE SAID.
||
THAT I REMIND YOU
TO ENSURE THAT THOSE WHO LIVE
SOPHISTICATION
OF
TO RECOGNISE
CHANGE MR BARMA SAID
AND THE INCREASING MANUFACTURING IN HONG KONG HAD ALSO LED THE GOVERNMENT THE NEED FOR MORE SKILLED MANAGERS AND TECHNOLOGISTS.
"TO
PROVIDE THEM,
WE INTEND
то
THE
OF INCREASE
NUMBER UNIVERSITY AND COLLEGE UNIVERSITY GRADUATES, IMPROVE THE QUALITY OF
WHICH EDUCATION AND PROVIDE MORE TRAINING IN THOSE ENGINEERING SKILLS ARE MUCH NEEDED IN MANUFACTURING.
"WE SHALL FURTHER INCREASE DEGREE PLACES IN OUR TERTIARY EDUCATION 10,000 TO 15,000 BY 1995.
THE NUMBER OF FIRST YEAR FIRST CURRENT INSTITUTIONS FROM THE
"A NEW UNIVERSITY
EMPHASIS ON SCIENCE AND TECHNOLOGY.
OUR THIRD
HAS JUST OPENED WITH AN
/"WE HAVE