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TUESDAY, NOVEMBER 29, 1994
SA315B,
HELISERVICES (HK) LIMITED OPERATES THREE AEROSPATIALE ONE AS350BA AND ONE AS355H HELICOPTERS LOCALLY FOR PASSENGER CHARTER AND AERIAL WORK.
A NUMBER OF CORPORATIONS HAVE ALSO REGISTERED A TOTAL OF EIGHT PRIVATE AIRCRAFT AND HELICOPTERS IN HONG KONG. THE OWNERS AND AIRCRAFT TYPES ARE LISTED IN THE CIVIL AIRCRAFT REGISTER ADMINISTERED BY THE SAFETY REGULATION DIVISION OF THE CIVIL AVIATION DEPARTMENT.
HONG KONG ATTRACTIVE TO OVERSEAS INVESTORS
FOR
HONG HÙNG OFFERS ABUNDANT ATTRACTIONS AND OPPORTUNITIES OVERSEAS INVESTORS, THE DEPUTY DIRECTOR-GENERAL OF INDUSTRY, MR DOMINIC LAW, SAID TODAY (TUESDAY).
SPEAKING AT AN INVESTMENT PROMOTION SEMINAR IN OSAKA, JAPAN, MR LAW SAID HONG KONG, STRATEGICALLY LOCATED IN THE HUB OF EAST ASIA AND AT THE DOORSTEP OF CHINA, IS THE IDEAL LOCATION TO GAIN ACCESS TO THE HUGE MARKET OPPORTUNITIES IN THE ASIA-PACIFIC REGION.
"TO
ILLUSTRATE, 11 OF HONG KONG'S TOP 20 TRADING PARTNERS ARE FROM THE ASIA-PACIFIC REGION, HE SAID.
IN 1993, HONG KONG'S TOTAL TRADE WITH ECONOMIES IN THE REGION GREW BY 13 PER CENT. FROM JANUARY TO AUGUST THIS
YEAR, THERE WAS ANOTHER 13 PER CENT GROWTH.
"THE ACCUMULATION OF MANAGEMENT KNOW-HOW AND CONTACTS WITH EMERGING MARKETS IN ASIA MAKES HONG KONG AN EXCELLENT LAUNCH-PAD FOR THESE MARKETS.
"THIS HAS BEEN RECOGNISED BY MANY MULTINATIONAL ENTERPRISES EVIDENCED BY THE FACT THAT SOME 1,500 OVERSEAS COMPANIES HAVE SET REGIONAL HEADQUARTERS AND REPRESENTATIONAL OFFICES IN HONG KONG, SAID.
AS
UP
HE
MR LAW SAID CONSISTENT WITH HONG KONG'S FREE MARKET SPIRIT, THE GOVERNMENT TREATED LOCAL AND OVERSEAS COMPANIES EXACTLY THE SAME AND IMPOSED NO EXPORT QUOTA, PERFORMANCE REQUIREMENT OR MATERIAL SOURCING RESTRICTIONS ON FOREIGN INVESTORS.
TAX
"IN ADDITION, HONG KONG HAS A PRO-BUSINESS, LOW AND SIMPLE SYSTEM AND A HIGHLY EDUCATED, ADAPTABLE, TRAINABLE AND PRODUCTIVE WORKFORCE, HE SAID.
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ACCORDING TO FIGURES RELEASED BY THE JAPANESE MINISTRY OF FINANCE, JAPANESE INVESTMENT IN HONG KONG UP TO 1993 AMOUNTED TO ABOUT US$12.7 BILLION, ACCOUNTING FOR ABOUT ONE-FIFTH OF TOTAL JAPANESE INVESTMENT IN ASIA.
JAPANESE INVESTMENT IN HONG KONG IS DIVERSIFIED, RANGING FROM TOURISM, RETAILING, TRADING, BANKING AND FINANCIAL INSTITUTIONS, ΤΟ MANUFACTURING.
/"INDEED, HONG