9
TUESDAY, MAY 31, 1994
THIS DIRECTORY WILL PROVIDE INFORMATION ON GOVERNMENT'S VARIOUS SUPPORT PROGRAMMES ON BIOTECHNOLOGY, THE RESEARCH FACILITIES AND AREAS OF EXPERTISE OF THE HIGHER EDUCATIONAL INSTITUTIONS AND ITS RESEARCH INSTITUTES, SUCH AS THE BIOTECHNOLOGY RESEARCH INSTITUTE OF THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY AND THE KADOORIE AGRICULTURAL RESEARCH CENTRE OF THE UNIVERSITY OF HONG KONG, HE SAID.
THIS
"THE DIRECTORY WILL BE A USEFUL REFERENCE GUIDE TO BOTH OVERSEAS AND LOCAL INVESTORS INTERESTED IN BIOTECHNOLOGY. DIRECTORY WILL BE PUBLISHED IN THE THIRD OR FOURTH QUARTER OF YEAR," HE ADDED.
THIS
MR YOUNG SAID THE HIGHER EDUCATIONAL INSTITUTIONS HAD BEEN ACTIVELY CONDUCTING RESEARCH AND DEVELOPMENT (R& D) PROJECTS IN BIOTECHNOLOGY, AND IT WAS IMPORTANT TO ENSURE THAT THE RESULTS THOSE SUCCESSFULLY APPLIED R & D PROJECTS COULD BE UTILISED BY
MANUFACTURING INDUSTRY.
OF
THE
THE
& D
"ΤΟ FACILITATE THE DISSEMINATION OF RESEARCH OUTCOME, INDUSTRY DEPARTMENT WILL BE ORGANISING A SEMINAR ON APPLIED R EFFORTS IN BIOTECHNOLOGY IN 1994/95. IT WILL PROVIDE A VENUE FOR INFORMATION EXCHANGE BETWEEN THE HIGHER EDUCATIONAL INSTITUTIONS THE BIOTECHNOLOGY INDUSTRY," HE SAID.
AND
"THE RESPONSE FROM THE HIGHER EDUCATIONAL INSTITUTIONS HAS BEEN FAVOURABLE AND THE DEPARTMENT HAS ALREADY RECEIVED AROUND 30 RESEARCH TOPICS FOR PRESENTATION AT THE PROPOSED SEMINAR,
"IN ADDITION, THE INDUSTRY DEPARTMENT IS ALSO PROVIDING SUPPORT FOR THE DEVELOPMENT OF BIOTECHNOLOGY IN HONG KONG THROUGH THE APPLIED R & D SCHEME AND THE ADDITIONAL FUNDING FOR INDUSTRIAL SCHEME," HE ADDED.
SUPPORT
WHICH
ONE OF THE PROJECTS FUNDED BY THE APPLIED R & D SCHEME, AIMS AT DEVELOPING A DEGRADABLE PACKING MATERIAL, WAS GRANTED A LOAN OF SLIGHTLY LESS THAN $1 MILLION EARLIER THIS YEAR AND IS MAKING GOOD PROGRESS.
TWO OTHER BIOTECHNOLOGY-RELATED APPLICATIONS FOR FUNDING SUPPORT UNDER THE SCHEME ARE BEING ASSESSED.
ALSO OFFICIATING AT THE CEREMONY WAS A MEMBER OF THE BIOTECHNOLOGY SUB-COMMITTEE OF THE INDUSTRY AND TECHNOLOGY DEVELOPMENT COUNCIL, MR LO YUK-LAM.
CHINA, CHINA
FIRSTLY, GIVEN THE CLOSE RELATIONSHIP BETWEEN HONG KONG AND THERE ARE VAST OPPORTUNITIES FOR HONG KONG TO CO-OPERATE WITH IN COMMERCIALISING THE LATTER'S RESEARCH
IN BIOTECHNOLOGY, HE SAID.
OUTCOME
'OUR BUSINESSMEN ARE WELL VERSED IN MARKET NEEDS AND HAVE WELL- ESTABLISHED INTERNATIONAL MARKETING NETWORK WHEREAS CHINA HAS EXCELLENT RESEARCH CAPABILITIES, NOT TO MENTION ITS GIGANTIC MARKET SIZE AND RESOURCEFUL MANPOWER.
BY CO-OPERATING WITH CHINA IN COMMERCIALISING ITS BIOTECHNOLOGY RESEARCH PROJECTS, BOTH PARTIES BE BENEFITED.
CAN
/"SECONDLY, WE
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