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MONDAY, JANUARY 27, 1992
STUDY ON SCIENCE PARK TO BE COMMISSIONED
CONSULTANCY
KONG, SAID THIS
THE INDUSTRY DEPARTMENT WOULD SOON COMMISSION A STUDY TO EXAMINE THE CASE FOR DEVELOPING A SCIENCE PARK IN HONG THE DEPUTY DIRECTOR-GENERAL OF INDUSTRY, MR WILFRED WONG, (MONDAY) MORNING.
SPEAKING AT A CONFERENCE ON "INVESTMENT FOR THE FUTURE : SCIENCE PARK IN HONG KONG", MR WONG SAID THIS WAS THE FIRST OF A TWO- PART STUDY ON THE FEASIBILITY OF ESTABLISHING A SCIENCE PARK IN HONG KONG.
HE SAID THE FINANCE COMMITTEE OF THE LEGISLATIVE COUNCIL APPROVED A SUM OF $4.5 MILLION TO COVER PART ONE OF THE STUDY.
HAD
"THE STUDY IS EXPECTED TO COMMENCE SOON AND TO TAKE ABOUT SIX MONTHS TO COMPLETE, HE SAID.
MR WONG SAID PART ONE OF THE STUDY WOULD REQUIRE THE CONSULTANTS TO UNDERTAKE AN IN-DEPTH ANALYSIS OF THE PRESENT AND LIKELY FUTURE TECHNOLOGICAL INFRASTRUCTURE IN HONG KONG AND THE ASIAN REGION, AND THE EXPERIENCE OF DEVELOPING SCIENCE PARKS ELSEWHERE.
ALSO INCLUDED IN THE ANALYSIS WILL BE A COMPREHENSIVE MARKET SURVEY CONDUCTED BOTH LOCALLY AND OVERSEAS TO IDENTIFY THE DEMAND FOR A SCIENCE PARK IN HONG KONG AND THE SERVICES THAT FUTURE TENANT'S MIGHT REQUIRE.
THERE WILL ALSO BE AN OVERALL ECONOMIC/TECHNOLOGICAL ASSESSMENT OF THE BENEFITS THAT MIGHT BE GAINED BY HONG KONG THROUGH THE DEVELOPMENT OF A SCIENCE PARK.
"AS A RESULT OF THIS WORK, THE CONSULTANTS WILL BE REQUIRED ΤΟ RECOMMEND CLEARLY WHETHER A SCIENCE PARK SHOULD OR SHOULD NOT BE DEVELOPED AND, IF SO, DEFINE WHAT THIS MIGHT MEAN IN THE CONTEXT OF HONG KONG," HE SAID.
MR WONG SAID DURING THE COURSE OF THE STUDY THE CONSULTANTS WOULD BE REQUIRED TO PRESENT THEIR FINDINGS TO VARIOUS INDUSTRIAL AND TRADE ORGANISATIONS AND TERTIARY ACADEMIC INSTITUTIONS IN ORDER ΤΟ SEEK AND INCORPORATE THEIR COMMENTS BEFORE PRESENTATION OF THEIR FINAL REPORT TO THE NEWLY-FORMED INDUSTRY AND TECHNOLOGY DEVELOPMENT COUNCIL (ITDC).
"IF THE ITDC CONSIDERS THAT THE NEED FOR A SCIENCE PARK HAS BEEN CLEARLY DEMONSTRATED BY THE CONSULTANTS'. FINDINGS, FUNDS WILL BE SOUGHT FROM THE FINANCE COMMITTEE TO UNDERTAKE PART TWO OF THE STUDY.
"PART TWO OF THE STUDY WILL REQUIRE THE CONSULTANTS TO EXAMINE WHERE AND HOW THE SCIENCE PARK MIGHT BE ESTABLISHED THE FINANCIAL AND ECONOMIC IMPLICATIONS AND THE DEGREE TO WHICH BOTH THE TERTIARY ACADEMIC INSTITUTIONS AND THE PRIVATE SECTOR MIGHT BE INVOLVED, HE SAID.
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