XN000022-1982-09-17 — Page 3

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FRIDAY, SEPTEMBER 17, 1982

INDUSTRY DEPARTMENT TO MOUNT PROMOTION MISSIONS

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AS PART OF AN ONGOING EFFORT TO PROMOTE OVERSEAS INDUSTRIAL INVESTMENTS IN HONG KONG, THE INDUSTRY DEPARTMENT WILL MOUNT TWO PROMOTION MISSIONS TO THE USA AND EUROPE BETWEEN OCTOBER AND NOVEMBER THIS YEAR.

THE MISSION TO THE USA, SCHEDULED FOR OCTOBER 18 TO NOVEMBER 5, WILL BE LED BY MR PAULUS W.K. CHAN, PRINCIPAL CONSULTANT OF THE DEPARTMENT, AND WILL VISIT THE MIDWEST STATES OF ILLINOIS, OHIO, INDIANA, MICHIGAN AND WISCONSIN.

IT WILL CALL ON INDUSTRIAL FIRMS TO DISCUSS WITH SENIOR EXECUTIVES THE INVESTMENT OPPORTUNITIES IN HONG KONG, AND WILL ASSIST THEM TO IDENTIFY SUITABLE LOCAL COMPANIES IN JOINT VENTURES OR OTHER CO-OPERATION ARRANGEMENTS.

THE MISSION TO EUROPE IS SCHEDULED FOR OCTOBER 24 TO

NOVEMBER 12.

IT WILL BE LED BY MAJOR C.G. BERNARD, ANOTHER PRINCIPAL CONSULTANT, AND WILL VISIT INDUSTRIAL CITIES IN FRANCE AND ITALY.

THE COMPANIES THAT WILL BE CONTACTED BY THESE MISSIONS COVER SUCH TECHNOLOGY-ORIENTED INDUSTRIES AS ELECTRONICS MACHINERY, PRECISION METAL FABRICATION, CHEMICALS AND ELÉCTRICAL PRODUCTS.

LOCAL COMPANIES INTERESTED IN CO-OPERATION WITH OVERSEAS COMPANIES ARE REQUESTED TO INFORM THE INDUSTRY DEPARTMENT SO THAT THE MISSIONS CAN SEEK SUITABLE OPPORTUNITIES ON THEIR BEHALF. THEY MAY CONTACT MR PAULUS W.K. CHAN (TEL. 3-7222228/3-7222434) OR MAJOR BERNARD (TEL. 3-7222221/3-7222434).

THE DEPARTMENT IS ALSO CONSIDERING THE POSSIBILITY OF INVITING LOCAL INDUSTRIALISTS TO PARTICIPATE IN FUTURE MISSIONS SO THAT THEY CAN MEET WITH POTENTIAL OVERSEAS PARTNERS THROUGH ARRANGEMENTS MADE BY THE DEPARTMENT.

WHILE THE DEPARTMENT IS STILL INVESTIGATING THE FEASIBILITY OF MOUNTING SUCH MISSIONS, LOCAL COMPANIES ARE INVITED TO CONTACT THE DEPARTMENT ON 3-7222484.

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