MONDAY, JANUARY 27, 1992
"FROM THE FOREGOING, YOU WILL HAVE NO DIFFICULTY IN BELIEVING THAT AN ENGINEER'S VIEW OF 1997 IS A VERY POSITIVE ONE.
THE
"IT HAPPENS TO REPRESENT THE TARGET DATE FOR COMMISSIONING FIRST RUNWAY OF OUR NEW AIRPORT AT CHEK LAP KOK, WITH A VAST AMOUNT OF OTHER INFRASTRUCTURE WORK EITHER TO BE COMPLETED OR WELL IN HAND, HE ADDED.
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GOVT TO ESTABLISH INDUSTRIAL TECHNOLOGY CENTRE
THE GOVERNMENT WAS ESTABLISHING THE INDUSTRIAL TECHNOLOGY CENTRE TO ASSIST MANUFACTURERS IN TECHNOLOGY UPGRADING IN THE FACE OF EVER-INCREASING COMPETITION IN THE WORLD MARKETS, THE DIRECTOR-GENERAL OF INDUSTRY, MR T.H. BARMA, SAID TODAY (MONDAY).
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SPEAKING AT THE TOPPING-OUT CEREMONY OF THE NEW PLANT OF SONOPRESS PAN ASIA LIMITED AT ΤΑΙ PO INDUSTRIAL ESTATE, MR BARMA SAID THE CENTRE WOULD PROVIDE SUITABLE ACCOMMODATION AND SUPPORTING FACILITIES TO STIMULATE THE GROWTH OF INNOVATIVE NEW TECHNOLOGY-BASED FIRMS.
"IT WILL ALSO FACILITATE THE TRANSFER OF TECHNOLOGIES TO HONG KONG'S INDUSTRIAL GROWTH," HE SAID.
RELEVANT
A
MR BARMA SAID THE GOVERNMENT ALSO SAW THE DEVELOPMENT OF LOCAL RESEARCH AND DEVELOPMENT CAPABILITY CRUCIAL IF TECHNOLOGIES WERE GOING TO BE USEFULLY APPLIED IN HONG KONG'S OWN INDUSTRIAL ENVIRONMENT AND CIRCUMSTANCES.
"AN APPLIED RESEARCH AND DEVELOPMENT SCHEME WILL BE LAUNCHED SOON TO PROVIDE GOVERNMENT FUNDING AS A CATALYST FOR INCREASING THE VOLUME OF CORPORATE RESEARCH AND DEVELOPMENT UNDERTAKEN IN HONG KONG, HE SAID.
**
SONOPRESS IS A SUBSIDIARY OF BERTELSMANN, WHICH IS EUROPE'S LARGEST PUBLISHING AND MEDIA GROUP. PAN ASIA IS A HIGHLY ESTEEMED PRODUCER, MANUFACTURER AND DISTRIBUTOR OF COMPACT DISCS IN HONG KONG.
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"THEY HAVE BROUGHT TOGETHER THEIR EXPERIENCE AND KNOWHOW IN THIS JOINT VENTURE TO SERVE THE HONG KONG AND ASIA PACIFIC MARKETS, MR BARMA SAID.
MR BARMA SAID THE SUBSTANTIAL INVESTMENT MADE BY SONOPRESS PAN ASIA IN THE GROWING COMPACT DISC BUSINESS IN HONG KONG SERVED TO SUPPORT THE GOVERNMENT'S VIEW ABOUT THE NEED FOR HONG KONG'S MANUFACTURING INDUSTRIES TO UPGRADE AND MOVE INTO HIGHER VALUE-ADDED PRODUCTS.
WELL
"IT ALSO TESTIFIES TO THE UNIQUE ADVANTAGES OF HONG KONG AS A HIGH-TECHNOLOGY MANUFACTURING CENTRE. AS
AS A DISTRIBUTION CENTRE, HE SAID.
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