CO
WEDNESDAY, OCTOBER 7, 1992
THE
CASH NEEDED FOR RESEARCH PROJECTS: GOVERNOR
GOVERNMENT WILL HAVE TO PROVIDE THE TERTIARY INSTITUTIONS WITH THE CASH THEY NEED TO ENCOURAGE THEIR STAFF AND GRADUATE STUDENTS TO UNDERTAKE RESEARCH PROJECTS, THE GOVERNOR, THE RT HON CHRISTOPHER PATTEN, SAID TODAY (WEDNESDAY).
IN HIS POLICY SPEECH TO THE LEGISLATIVE COUNCIL, MR PATTEN SAID THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE, THROUGH THE RESEARCH GRANTS COUNCIL, ALREADY ALLOCATED FUNDS FOR THIS PURPOSE.
MR PATTEN SAID THESE WOULD BE INCREASED FROM $122 MILLION THIS YEAR TO $144 MILLION NEXT YEAR, AND TO ABOUT $180 MILLION IN 1994/95 - A REAL INCREASE OF OVER 20% A YEAR.
"THE NEED FOR FURTHER INCREASES BEYOND 1994/95 WILL BE CONSIDERED SYMPATHETICALLY IN THE CONTEXT OF THE FUNDING REQUIREMENT FOR THE TERTIARY INSTITUTIONS FOR THE 1995-98 TRIENNIUM, HE SAID.
THE RAPID EXPANSION OF TERTIARY EDUCATION HAD KONG WITH A NEW POOL OF HIGHLY-TRAINED TALENT.
PROVIDED
HONG
GAP IN
HONG
"WE MUST USE THEIR EXPERTISE TO BRIDGE A MAJOR KONG'S INFRASTRUCTURE: OUR ABILITY TO DEVELOP AND ADAPT TECHNOLOGY."
NEW
"WE CANOT EXPECT TO ACHIEVE THIS GOAL ON THE CHEAP,. HE SAID.
THE GOVERNOR SAID THESE PUBLIC FUNDS SHOULD BE REGARDED AS SEED
MONEY.
"WE EXPECT THE PRIVATE SECTOR TO PLAY ITS PART.
AS
++
FOR
HONG KONG'S ACADEMICS ESTABLISHED A REPUTATION EXCELLENCE IN RESEARCH AS WELL AS IN TEACHING, THEY WOULD BE WELL PLACED TO ATTRACT COMMERCIAL SUPPORT FOR THEIR PROJECTS.
TIME
SO THE SUPPLY OF QUALIFIED ACADEMICS WOULD INCREASE AT A WHEN THE TERTIARY INSTITUTIONS WERE LOOKING TO RECRUIT AN ADDITIONAL, 2,000 TEACHERS IN THE NEXT THREE YEARS.
BEST EDUCATION SOUGHT FOR ALL CHILDREN
THE GOVERNMENT WANTS, AND WILL WORK FOR, THE BEST EDUCATION FOR ALL THE CHILDREN OF HONG KONG.
THIS WAS STATED BY THE GOVERNOR, THE RT HON CHRISTOPHER PATTEN, IN HIS POLICY SPEECH IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
MR PATTEN SAID AN ENORMOUS AMOUNT HAD BEEN DONE OVER THE PAST TWO DECADES TO EXPAND EDUCATIONAL OPPORTUNITIES.
"THIS WILL