Tuesday, December 11, 1973
3
He emphasised that a properly thought out industrial land policy
is essential for industrial development and, ultimately, for Hong Kong's
economic growth. "Failure to meet this requirement could result in a few
years time, in our growth rate, instead of continuing to rise, being stunk
on a plateau."
The Governor noted that a great deal of work had been done in the
past year within the government to examine land requirements for various
sectors of industry, not only to encourage large new ventures but also to
ensure that existing industries could continue to develop and expand.
He appreciated, however, that industrial progress did not solely
depend on the availability of adequate land. Technical training, productivity,
standards, design and marketing were all important contributors to industrial
efficiency.
Welcoming the formal establishment in October of the new Hong
Kong Training Council, he said it had a vital part to play in ensuring that
young people are adequately trained to undertake the skilled industrial
work which is more and more needed. He also noted that the special education
project the C.M.A. Prevocational School
be ready for classes in 1975.
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was going forward and should
Turning to the oil situation, the Governor gave an assurance that
the government was doing everything it could and was in constant touch with
the British and other governments. In particular, he mentioned the "helpful
and sympathetic attitude" of Her Majesty's Government and of the Chinese
Government.
/The world
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