11

THURSDAY, MAY 21, 1992

WHICH

ATTRACTS RESEARCH

"SUCH FIRMS NOT ONLY ADD PRESTIGE TO THE PARK, OTHER COMPANIES, BUT ALSO PROVIDE OPPORTUNITIES FOR CONTRACT AND DEVELOPMENT WORK BY OTHER SMALLER TENANTS OF THE PARK, HE SAID.

"

THE CONSULTANCY STUDY REQUIRES A BACKGROUND ANALYSIS OF THE PRESENT AND LIKELY FUTURE TECHNLOLGY INFRASTRUCTURE IN HONG KONG AND THE ASIAN REGION, AND THE EXPERIENCE OF DEVELOPING SCIENCE PARKS ELSEWHERE.

IT ALSO REQUIRES A DETAILED MARKET ANALYSIS CONDUCTED BOTH LOCALLY AND OVERSEAS TO IDENTIFY THE DEMAND FOR A SCIENCE PARK IN HONG KONG AND THE SERVICES THAT TENANTS MIGHT REQUIRE, AND AN OVERALL ECONOMIC AND TECHNOLOGICAL ASSESSMENT OF THE BENEFITS THAT MIGHT BE GAINED BY HONG KONG THROUGH THE DEVELOPMENT OF A SCIENCE PARK.

то

"AS A RESULT OF THIS WORK THE CONSULTANTS WILL BE ASKED RECOMMEND CLEARLY WHETHER A SCIENCE PARK SHOULD OR SHOULD NOT BE DEVELOPED AND, IF SO, DEFINE WHAT THIS MIGHT MEAN IN THE CONTEXT HONG KONG," MR BARMA SAID.

OF

MR BARMA SAID THE CONSULTANTS' FINAL REPORT WOULD BE PRESENTED TO THE INDUSTRY AND TECHNOLOGY DEVELOPMENT COUNCIL (ITDC) FOR ITS CONSIDERATION.

"IF THE ITDC BELIEVES THAT THE NEED FOR A SCIENCE PARK HAS CLEARLY BEEN SHOWN BY THE CONSULTANTS' FINDINGS, FUNDS WILL BE SOUGHT FROM THE FINANCE COMMITTEE FOR THE SECOND PART OF THE STUDY."

PART TWO OF THE STUDY WOULD INCLUDE WHERE AND HOW THE SCIENCE PARK MIGHT BE ESTABLISHED, THE FINANCIAL AND ECONOMIC IMPLICATIONS AS WELL AS THE DEGREE TO WHICH BOTH THE TERTIARY ACADEMIC INSTITUTIONS AND THE PRIVATE SECTOR MIGHT BE INVOLVED.

PART ONE OF THE STUDY WILL START ON JUNE 1 AND BE COMPLETED IN SIX MONTHS.

APPLICATION FEES FOR CERTAIN TRADE LICENCES, DOCUMENTS AND SERVICES TO BE REVISED

AS FROM JUNE 1, APPLICATION FEES FOR CERTAIN TRADE LICENCES AND CERTIFICATES, DOCUMENTS AND SERVICES WILL BE REVISED UNDER THE IMPORT AND EXPORT (FEES) (AMENDMENT) REGULATION 1992 TO BE GAZETTED TOMORROW

(FRIDAY).

A TRADE DEPARTMENT SPOKESMAN TODAY (THURSDAY) STRESSED THAT THE INCREASE WAS NECESSARY TO RECOVER THE COST.

"COSTING REVIEWS CONDUCTED BY THE TRADE DEPARTMENT AND THE CENSUS AND STATISTICS DEPARTMENT INDICATED THAT THESE SERVICES HAVE BEEN OPERATING AT A LOSS," HE SAID.

/"IT IS

11

Share This Page