XN000022-1986-06-26 — Page 24

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THURSDAY, JUNE 26, 1986

+AS A NATURAL CONSEQUENCE OF ITS SURVEILLANCE ROLE. THE INDUSTRY DEPARTMENT HAS ALSO BUILT UP SOMETHING OF A CASE-WORK SERVICE FOR MANUFACTURERS.

+ QUITE A FEW OF THEM HAVE COME TO US TO OBTAIN ADVICE AND ASSISTANCE WHEN THEY ENCOUNTER PROBLEMS RELATING, FOR EXAMPLE TO LEASE ENFORCEMENT, OR COMPLIANCE WITH BUILDINGS, LABOUR, FIRE SERVICES OR ENVIRONMENTAL PROTECTION LEGISLATION.+

MR YEUNG SAID THE DEPARTMENT HAD PROVIDED A CENTRALISED INDUSTRIAL DATA BASE TO COLLECT, COLLATE, ANALYSE AND DISSEMINATE INFORMATION ON THE MANUFACTURING INDUSTRIES.

+THROUGH COMPUTERISATION OF ITS EXISTING EXTENSIVE RECORDS IN THE MEDIUM-TERM, THE WORK OF THE DEPARTMENT AND THE CONSULTANTS ENGAGED ON TECHNO-ECONOMIC STUDIES OF PARTICULAR INDUSTRIES WILL BE FACILITATED.+

TURNING TO THE FORMULATION OF THE GOVERNMENT'S INDUSTRIAL POLICIES, MR YEUNG SAID IT CALLED FOR AN OBJECTIVE, MEASURED AND SYSTÉMATIC APPROACH TO THE EVALUATION OF EXTERNAL DEMAND AND DOMESTIC SUPPLY FACTORS WHICH INFLUENCED EVERY MANUFACTURING INDUSTRY.

+THIS IS DONE BY COMMISSIONING AN ON-GOING PROGRAMME OF CONSULTANCY STUDIES, HE SAID.

+ IT IS AS A RESULT OF THESE AND OTHER STUDIES THAT THE GOVERNMENT ON THE ADVICE OF THE INDUSTRY DEVELOPMENT BOARD HAS CREATED THE HKDIC, FUNDED THE HKPC TO EXPAND THEIR CURRENT RANGE OF BUREAU AND INDUSTRIAL CONSULTANCY SERVICES AND ESTABLISHED THE STANDARDS AND CALIBRATION LABORATORY AND HOKLAS.+

NOTE TO EDITORS:

THE TEXT OF MR YEUNG'S SPEECH WILL BE BOXED FOR COLLECTION.

SPIRITED BIDDING AT LAND AUCTION

*****

THE STRENGTH OF HONG KONG'S PROPERTY MARKET WAS UNDERLINED AT A GOVERNMENT LAND AUCTION TODAY (THURSDAY) WHEN THREE MIXED LOTS FETCHED PRICES THAT SURPRISED EVEN THE AUCTIONEER,

ALTHOUGH MOST INTEREST CENTRED AROUND A RESIDENTIAL SITE IN KWUN TONG WHICH BROUGHT THE HIGHEST PRICE - 557 MILLION - THE BRISKEST BIDDING WAS FOR AN INDUSTRIAL SITE IN KENNEDY TOWN WHICH SOLD FOR 313 MILLION.

/SIDUING FOR