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WEDNESDAY, MARCH 18, 1992
ITDC HOLDS FIRST MEETING
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THE INDUSTRY AND TECHNOLOGY
DEVELOPMENT COUNCIL (ITDC), THE
GOVERNMENT'S PRINCIPAL ADVISOR ON INDUSTRY AND TECHNOLOGY DEVELOPMENT, HELD ITS FIRST MEETING TODAY (WEDNESDAY).
ON THE AGENDA WERE GUIDELINES FOR A NEW $200 MILLION SCHEME ΤΟ SUPPORT APPLIED RESEARCH AND DEVELOPMENT IN INDUSTRY.
DETAILS OF THE SCHEME WILL NOW BE WORKED OUT BY THE ITDC'S COMMITTEE ON THE APPLIED RESEARCH AND DEVELOPMENT SCHEME (CARDS) SO THAT THE FIRST APPLICATIONS FOR FUNDING CAN BE INVITED THIS SUMMER.
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CARPS IS TO BE CHAIRED BY MR CHENG HON-KWAN, DIRECTOR OF H.K. CHENG AND PARTNERS LTD.
ITS DEPUTY CHAIRMAN IS MR JAMES KUNG, CHAIRMAN AND CHIEF MANAGER OF CHEKIANG FIRST BANK LTD.
THE ITDC ALSO RECEIVED A PRESENTATION FROM CONSULTANTS ON A STUDY FOR THE POTENTIAL FOR A CHEMICAL PROCESSING INDUSTRY IN HONG KONG, AND AN UPDATE ON THE PROGRESS OF VARIOUS OTHER STUDIES.
IN ADDITION, THE COUNCIL TOOK A FIRST LOOK AT FUTURE DIRECTIONS FOR ITS WORK.
AFTER THE MEETING, SECRETARY FOR TRADE AND INDUSTRY, MR T.H. CHAU, SAID: "THIS WAS A USEFUL FIRST MEETING. THE COUNCIL HAS MAPPED OUT THE BROAD PRINCIPLES FOR THE APPLIED RESEARCH DEVELOPMENT SCHEME. WORK CAN NOW GO FULL STEAM AHEAD ON THIS IMPORTANT INITIATIVE.
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THE NEXT MEETING OF THE COUNCIL WILL BE HELD IN MAY THIS YEAR.
HK TO BUY HAWK HELICOPTERS
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THE GOVERNMENT SUPPLIES DEPARTMENT HAS SIGNED AN AMENDMENT TO A CONTRACT WITH A U.S. AIRCRAFT COMPANY FOR THE PURCHASE OF TWO S-70A BLACK HAWK HELICOPTERS TO BE USED FOR PERFORMING POLICE DUTIES.
AT A CEREMONY TODAY (WEDNESDAY), THE DIRECTOR OF GOVERNMENT SUPPLIES, MR BILLY LAM; AND THE PRESIDENT OF SIKORSKY AIRCRAFT CORPORATION, MR EUGENE BUCKLEY, SIGNED AN AMENDMENT TO THE CONTRACT.
ALSO OFFICIATING AT THE CEREMONY WERE THE COMMISSIONER OF POLICE, MR LÌ KWAN-HA, AND THE AMERICAN CONSUL-GENERAL IN HONG KONG, MR RICHARD WILLIAMS.
THE AMENDMENT EXERCISES THE OPTION TO PURCHASE ADDITIONAL SIKORSKY HELICOPTERS CONTAINED IN THE CONTRACT FOR EIGHT 9-76 HELICOPTERS SIGNED BY THE DIRECTOR OF GOVERNMENT SUPPLIES AND THE PRESIDENT OF SIKORSKY AIRCRAFT CORPORATION ON APRIL 4, 1989.
/THE AMENDMENT