FRIDAY, OCTOBER 30, 1992
WILL
THE NEW REGULATION PHASE OF THE UPGRADING EXERCISE
FACILITATE WHICH
THE
START
WILL INVOLVE
THE OF
MAIN COMMERCIAL AND
INDUSTRIAL ACTIVITIES AND RESIDENTIAL BUILDINGS THROUGHOUT HONG KONG.
THE NEXT IMPLEMENTATION WILL BE CARRIED OUT AREA BY AREA OVER
AND SUBSTATIONS COME UP FOR
FOUR YEARS AS ELECTRICAL SWITCHBOARDS REGULAR MAINTENANCE.
THE UPGRADING PROGRAMME WILL PROCEED DIRECTOR OF ELECTRICAL AND MECHANICAL SERVICES HAVING ADVICE OF THE SUPPLY VOLTAGE ADVISORY COMMITTEE.
THE AS APPROVED BY
REGARD ΤΟ THE
MERITS OF THE
WORRIES
CONSUMERS ELECTRICITY AMONG AND DISPEL ANY UNDUE LAUNCHED IN DECEMBER BEFORE THE UPGRADING PROGRAMME BEGINS.
UPGRADING
WILL
BE
A PUBLICITY CAMPAIGN TO EXPLAIN THE
ļ
0
GOVT TO BOOST RESEARCH AND DEVELOPMENT FOR INDUSTRY
* * *
THE
DEVELOPMENT
IS HELPING
THE RESEARCH
TO SECTOR
AND
BETTER
BUILD UP ΤΟ GOVERNMENT
IN THE TERTIARY EDUCATION CAPABILITY EQUIP HONG KONG'S INDUSTRY TO MEET THE CHALLENGE OF NEW TECHNOLOGY AND COMPETITION, THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, (FRIDAY).
SAID TODAY
CENTRE WAS AT
SPEAKING AT THE OPENING CEREMONY OF THE NEW INDUSTRIAL OF THE HONG KONG POLYTECHNIC, MR MACLEOD SAID THE GOVERNMENT THE SAME TIME PROVIDING INCENTIVES FOR THE PRIVATE SECTOR TO BOOST ITS OWN RESEARCH AND DEVELOPMENT EFFORT.
"THE GOVERNOR, IN HIS POLICY ADDRESS TO THE LEGISLATIVE COUNCIL EARLIER THIS MONTH, HAS ANNOUNCED THAT FUNDS EARMARKED FOR RESEARCH IN CENT IN THE UNIVERSITIES AND POLYTECHNICS WOULD RISE BY OVER 20 PER
YEAR TO REAL TERMS OVER THE NEXT TWO YEARS, FROM $122 MILLION THIS
FOR FURTHER INCREASES $180
AND THAT THE NEED MILLION IN 1994/95 BEYOND 1994/95 WOULD BE GIVEN SYMPATHETIC CONSIDERATION,
-
"
HE SAID.
FOR A SECTOR
EARLIER THIS YEAR, A SUM OF $200 MILLION WAS COMMITTED
WOULD THE
PRIVATE GOVERNMENT
MATCH
SCHEME UNDER WHICH INVESTMENT IN WORTHWHILE APPLIED RESEARCH AND DEVELOPMENT PROJECTS.
SAID
AND FUNDING FOR RESEARCH MR MACLEOD
THIS BOOST IN
SHOULD HELP DEVELOPMENT
BOTH
PRIVATE SECTORS IN
THE PUBLIC AND
AVAILABLE INCREASE THE POOL OF RESEARCH TALENT AND EXPERTISE ALREADY IN HONG KONG.
IT
FOR COLLABORATION SHOULD ALSO HELP INCREASE THE PROSPECTS BETWEEN THE TWO SECTORS TO HELP HONG KONG'S INDUSTRY STAY COMPETITIVE. HE ADDED.
-
INDUSTRY
DURING
AND
ITS
"FOR THE FUTURE, WE WILL BE LOOKING TO THE NEW
AM CHAIRING WHICH I COUNCIL TECHNOLOGY DEVELOPMENT
STEPS THE GOVERNMENT FORMATIVE MONTHS - TO ADVISE ON WHAT FURTHER
MAXIMUM SHOULD TAKE TO MEET OUR OBJECTIVE OF MINIMUM INTERVENTION BUT SUPPORT FOR OUR INDUSTRIES, HE SAID.
15
T
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