XN000022-1985-04-23 — Page 3

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IUES, APRIL 23, 1985

HE STRESSED THAT WHILE MANY CIVIL AVIATION DEVELOPMENTS WERE VISIBLE AND COULD BE SEEN AND USED BY THE PUBLIC AT KAI

TAK, OTHERS CONCERNING AIR SAFETY AND AIR SERVICES WERE ?+ INVISIBLE, OR BEHIND THE SCENES.

ELECTRONIC FACILITIES FOR CIVIL AVIATION WERE, FOR INSTANCE MOSTLY IN THE INVISIBLE CATEGORY.

+

AND SOME OF OUR OLDER EQUIPMENT INCLUDING THE RADAR DISPLAY SYSTEM FOR AIR TRAFFIC CONTROL, WOULD BE REPLACED WITH NEW ONES IN THE NEAR FUTURE, MR THORPE SAID.

+LEGISLATION AND REGULATION OF AIR SERVICES ALSO ARE INVISIBLE ASPECTS OF AVIATION, BUT NEVERTHELESS IMPORTANT.

+FOR OUR AIR TRANSPORT SYSTEM AS A WHOLE, WE ARE ALWAYS REVIEWING OUR PROCEDURES AND FACILITIES TO MEET THE DEFINED OBJECTIVE OF THE SAFE, ORDERLY AND EXPEDITIOUS MOVEMENT OF AIR TRAFFIC.

+WE ALL KNOW THAT THE GENERAL PUBLIC WANT US TO PROVIDE ADDITIONAL AND VISIBLE IMPROVEMENTS TO OUR AIR TRANSPORT SYSTEM, BUT I HOPE THAT IT IS REASSURING FOR YOU TO KNOW THAT THE PROVISION OF A SAFE, ORDERLY AND EXPEDITIOUS AIR TRANSPORT SYSTEM WITH SO MANY INVISIBLE DEVELOPMENTS WILL CONTINUE TO BE AN ESSENTIAL PART OF CIVIL AVIATION GROWTH IN HONG KONG, MR THORPE SAID.

HK TO OPEN INVESTMENT OFFICE IN NEW YORK

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HONG KONG'S INDUSTRY DEPARTMENT WILL OPEN A NEW YORK OFFICE LATER THIS YEAR TO SEEK INVESTMENT IN THE TERRITORY'S MANUFACTURING INDUSTRY, THE DEPARTMENT'S DIRECTOR, MR JOHN YAXLEY, ANNOUNCED YESTERDAY (MONDAY).

SPEAKING AT A PRESS CONFERENCE IN NEW YORK, MR YAXLEY SAID THE OFFICE WOULD OPEN IN AUTUMN.

+HONG KONG SEES THE UNITED STATES AS A CONTINUING SOURCE OF INDUSTRIAL INVESTMENT, WITH THE U.S. ALREADY HOLDING 54 PER CENT OF SUCH FOREIGN INVESTMENT IN THE TERRITORY, HE SAID.

MR YAXLEY SAID THIS SHARE HAD RISEN FROM 44 PER CENT IN 1981. THE UNITED STATES IS FOLLOWED BY JAPAN WITH 21 PER CENT, AND BRITAIN IN THIRD PLACE WITH SEVEN PER CENT.

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