XN000022-1983-10-25 — Page 4

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TUESDAY, OCTOBER 25, 1983

THE GROUP THEN PROCEEDED TO THE KOWLOON-CANTON RAILWAY HOUSE, A NINE-STOREY OFFICE COMPLEX ON THE PODIUM OF THE SHA TIN RAILWAY STATION WHERE THEY HAD A BIRD'S-EYE VIEW OF THE TOWN CENTRE, WHICH IS STEADILY TAKING SHAPE, AND THE SHA TIN CENTRAL PARK.

SITUATED IN THE HEART OF SHA TIN AND OCCUPYING A SITE OF ABOUT 20 HECTARES, THE TOWN CENTRE WILL BE COMPLETED IN 1986.

THE SHA TIN CENTRAL PARK, WHICH COVERS AN AREA OF ABOUT EIGHT HECTARES, LIES BETWEEN THE TOWN CENTRE AND THE SHING MUN RIVER.

WORK ON THE PROJECT STARTED IN MAY THIS YEAR AND IS SCHEDULED TO BE COMPLETED IN EARLY 1985.

THE NEXT PROJECT VISITED WAS THE PRINCE OF WALES HOSPITAL.

THERE PWSC MEMBERS WERE BRIEFED BY THE GOVERNMENT ARCHITECT, MR S.C. KWAN.

MR KWAN SAID THE 1 400-BED HOSPITAL, BUILT ON A 10-HECTARE SITE, WAS BEING HANDED OVER THE MEDICAL AND HEALTH SERVICES DEPARTMENT BY PHASES.

THE HAND-OVER, WHICH BEGAN EARLY THIS MONTH, WOULD BE COMPLETED WITHIN A WEEK, HE ADDED.

IMPORTANCE OF INDUSTRIAL INVESTMENT STRESSED ****

THE SECRETARY FOR TRADE AND INDUSTRY, MR E.P. HO TODAY (TUESDAY) STRESSED THE IMPORTANCE OF CONTINUED INDUSTRIAL INVESTMENT AND RE-INVESTMENT FOR HONG KONG'S FUTURE PROSPERITY.

+THE STATE OF OUR MANUFACTURING INDUSTRY TOMORROW WILL DEPEND LARGELY ON INVESTMENT MADE TODAY, HE SAID.

HE WAS SPEAKING AT THE OPENING OF THE 9 300-SQUARE METRES NEW SAN PO KONG HEADQUARTERS FOR ELEC AND ELTEK COMPANY, WHICH HAS GROWN FROM A MODEST BEGINNING 10 YEARS AGO TO ONE OF THE LARGEST SUPPLIERS OF PRINTED CIRCUIT BOARDS (PCB) TO MULTINATIONAL COMPANIES IN THE UNITED STATES AND EUROPE.

DIVERSIFYING INTO HIGHER TECHNOLOGY, THE COMPANY, WITH BRANCH FACTORIES LOCATED IN TO KWA WAN, KWAI CHÚNG, TSUEN WAN AND YUEN LONG, HAS STARTED MANUFACTURING COMMUNICATIONS EQUIPMENT, 8-LAYER PCB AND COMPUTERS.

MR HO CONGRATULATED THE COMPANY FOR OUTSTANDING ACHIEVEMENTS OVER THE PAST YEARS.

/HE SAID