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He added that given Hong Kong's present stage of economic development, what it looked for in overseas investments was the technology areas which would introduce new or improved products, new designs and processes, and improved management techniques.
Mr Leung noted that since June 1993, about a hundred Canadian companies had been in touch with the Hong Kong Economic and Trade Office in Toronto and expressed investment interests in Hong Kong. Their variety of interests include electronic products, drug delivery and vaccines, diagnostic products, robotics, information technology systems, recycling processes, telecommunciations equipment and industrial automation systems.
"We have successfully helped more than half of these Canadian companies initiate business discussions with a number of Hong Kong companies on various strategic alliance proposals. With our assistance, more than 20 of these companies have visited Hong Kong for further studies," he said.
For further information please contact Chief Information Officer, Alex Choi, on (416) 924 5544.
End/Friday, July 28, 1995
Call for better fire protection
Both the Fire Services and Labour departments are very concerned about fire safety measures in old industrial buildings following two recent major fires in Aberdeen and North Point which left 26 people injured.
A spokesman for the Fire Services Department said fire safety provisions of these factories were built according to required standards at the time of development.
Officers of the two departments are working together to appeal to factory proprietors and owners of these premises to update fire safety measures such as the provision of sprinkler system, means of escape, etc,for the safety of their workers and their own interest.
End/Friday, July 28, 1995