XN000022-1983-09-12 — Page 2

MONDAY, SEPTEMBER 12, 1983

MORE LAND FOR JUNK BAY

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THE JUNK BAY NEW TOWN DEVELOPMENT OFFICE OF THE NEW TERRITORIES DEVELOPMENT DEPARTMENT TODAY (MONDAY) AWARDED A $72-MILLION CONTRACT TO KUMAGAI GUMI (H.K.) LTD. FOR FURTHER RECLAMATION WORKS IN JUNK BAY NEW TOWN.

THE CONTRACT, WHICH WILL TAKE ABOUT 24 MONTHS TO COMPLETE, WAS SIGNED THIS MORNING BY MR IAN MILLER, PROJECT MANAGER OF JUNK BAY DEVELOPMENT OFFICE AND MR C.P. YU AND MR T. NAKAYAMA OF KUMAGAI GUMI (H.K.) LTD.

MR MILLER SAID THE CONTRACT WOULD INVOLVE THE RECLAMATION OF ABOUT 13 HECTARES OF LAND NEAR SIU CHIK SHA, MAINLY FOR THE CONSTRUCTION OF SEWAGE TREATMENT WORKS TO SERVE THE NEW TOWN AND FOR THE RELOCATION OF INDUSTRIES FROM THE HEAD OF THE BAY.

ALSO INCLUDED IS THE CONSTRUCTION OF A 1 400-METRE OF NEW ROAD TO LINK HANG HAU ROAD NEAR HONG KONG OXYGEN AND ACETYLENE COMPANY LIMITED TO SIU CHIK SHA.

THE NEW ROAD WILL GIVE ACCESS TO THE PROPOSED SEWAGE TREATMENT WORKS AND TO THE PROPOSED FUTURE DEVELOPMENT IN THE AREA ADJACENT.

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SUMMARY OF 1981 SURVEY OF INDUSTRIAL PRODUCTION *****

SUMMARY STATISTICS FROM THE SURVEY OF INDUSTRIAL PRODUCTION FOR THE REFERENCE YEAR 1981 WERE RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.

THE SURVEY COVERED ESSENTIALLY THE MANUFACTURING SECTOR, BUT IT ALSO INCLUDED ESTABLISHMENTS ENGAGED IN MINING AND QUARRYING, AND IN THE SUPPLY OF ELECTRICITY, GAS AND WATER.

THE 1981 SURVEY WAS ONE IN A SERIES OF ANNUAL INDUSTRIAL SURVEYS CONDUCTED TO ASCERTAIN THE STRUCTURAL AND OPERATING CHARACTER ISTICS OF THE VARIOUS ECONOMIC SECTORS AND TO UPDATE THE IR CONTRIBUTION TO THE GROSS DOMESTIC PRODUCT.

(THE SALIENT FINDINGS RELATING TO THE MANUFACTURING SECTOR ARE GIVEN IN THE FOLLOWING PARAGRAPHS. A SET OF RELATED TABLES IS ATTACHED.)

AS CAN BE SEEN FROM TABLE A, SOME $136 847 MILLION WORTH OF GROSS OUTPUT WERE PRODUCED WITHIN THE MANUFACTURING SECTOR IN 1981. OF THIS TOTAL, $92 337 MILLION (68 PER CENT) WERE SPENT ON MATERIALS, SUPPLIES AND INDUSTRIAL SERVICES CONSUMED IN THE PROCESS OF PRODUCTION, WHILE ANOTHER $23 805 MILLION (17 PER CENT) WERE PAID OUT AS COMPENSATION OF EMPLOYEES. THE BALANCE WAS MADE UP OF MISCELLANEOUS OPERATING EXPENSES (AT $11 919 MILLION OR NINE PER CENT), AND GROSS SURPLUS ($8 786 MILLION OR SIX PER CENT).

/IN TERMS