LT
5
THURSDAY, DECEMBER 10, 1992
INTENDED TO
EXTEND
THE DEPARTMENT ALSO PERFORMANCE PLEDGES TO 1TS OTHER HEALTH SERVICES.
PROGRESSIVELY
THESE
WHILE NOTING THAT THE DEPARTMENT OF HEALTH COMMUNICATING DEPARTMENT, DR LEE PLEDGED THAT **WE COMMUNICATE, AND WE ACT FOR BETTER SERVICE.'
IS A CARING AND CARE, WE
0
TRADE AGREEMENT GIVES INVESTORS PROTECTION
* * * * *
AGREEMENT (IPPA) IS THE FIRST ΤΟ HONG KONG'S INDUSTRY, MR T H BARMA,
THE INVESTMENT PROMOTION AND RECENTLY SIGNED BETWEEN HONG KONG AND THE NETHERLANDS SUCH AGREEMENT DESIGNED TO GIVE ADDED ASSURANCES OVERSEAS INVESTORS, THE DIRECTOR-GENERAL SAID TODAY (THURSDAY).
PROTECTION
OF
ASSOCIATION,
HONG KONG
SPEAKING AT A LUNCH MEETING OF THE DUTCH BUSINESS MR BARMA SAID THE AGREEMENT WAS PART OF A NETWORK OF IPPAS WAS NEGOTIATING WITH ITS MAJOR TRADING AND INVESTMENT PARTNERS.
MR BARMA SAID SUCH AGREEMENTS
WERE DESIGNED
TO CONTINUE IN
FORCE BEYOND 1997.
"WE BELIEVE THAT OVERSEAS INVESTORS ASSURANCES PROVIDED BY SUCH AGREEMENTS
WILL WELCOME THE AND OF COURSE WE WOULD TO SEE OVERSEAS INVESTORS MAINTAIN AND INCREASE THEIR KONG'S ECONOMY IN THE RUN UP TO 1997 AND BEYOND.
LIKE
STAKE IN
HONG
"IN THIS WAY SUCH AGREEMENTS WILL CONTRIBUTE CONTINUED ECONOMIC PROSPERITY OF HONG KONG TO WHICH BOTH GOVERNMENT AND THE CHINESE GOVERNMENT ARE COMMITTED,
י
MR BARMA SAID THE NETHERLANDS HAD SUBSTANTIAL HONG KONG.
TOWARDS THE BRITISH
THE
HE SAID.
INVESTMENTS IN
ALONE, IN INVESTOR WITH
AND JUST IN HONG KONG'S MANUFACTURING INDUSTRIES 1991, THE NETHERLANDS WAS THE SIXTH LARGEST OVERSEAS INVESTMENTS VALUED AT OVER US$170 MILLION,
A NOTABLE
OUTSIDE MANUFACTURING, THE NETHERLANDS HAS ALSO PRESENCE IN THE FINANCIAL, TRADING AND OTHER SERVICE SECTORS.
"
AS FAR AS I AM AWARE THERE ARE MORE THAN 250 OPERATING IN HONG KONG,
"ACCORDING TO MY
DUTCH COMPANIES
DEPARTMENT'S SURVEY LAST YEAR, COMPANIES WERE ESTABLISHED HERE AS REGIONAL HEADQUARTERS OFFICES AND THEY WERE THE FIFTH LARGEST GROUP IN NUMBER, AFTER USA, UK, JAPAN AND SWITZERLAND IN THAT ORDER,
47 DUTCH OR REGIONAL TERMS OF THEIR
HE SAID.
/THE HONG