XN000022-1987-02-02 — Page 5

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MONDAY, FEBRUARY 2, 1987

THE 1986 MANPOWER SURVEY REPORT OF THE PRINTING INDUSTRY ALSO PREDICTED LOSES OR WASTAGE OF TRAINED PERSONNEL WILL BE AROUND THREE PER CENT.

EMPLOYERS WILL HAVE TO CONTINUE TO TRAIN WORKERS TO FILL POSITIONS VACATED BY THOSE WHO WILL LEAVE THE INDUSTRY BECAUSE OF RETIREMENT, CHANGING JOBS OR OTHER REASONS.

THE WORKFORCE OF THE PRINTING INDUSTRY HAD GROWTH BY AN AVERAGE OF 2.5 PER CENT TO 23 765 FROM 22 611 IN THE TWO YEARS SINCE THE LAST SURVEY CONDUCTED IN 1984.

THE INDUSTRY'S RECENT UPTURN, ACCORDING TO THE SURVEY REPORT, OCCURRED BECAUSE PRINTERS TURNED BACK TO HONG KONG FOR INVESTMENT PROJECTS AS INVESTMENT ENVIRONMENT ELSEWHERE DETERIORATED.

THE RAPID APPRECIATION OF THE JAPANESE YEN HAS ALSO GIVEN LOCAL PRINTERS GREATER PRICE COMPETITIVENESS OVER THE IR JAPANESE COUNTERPARTS.

SEAWALL TO BE BUILT OFF PENG CHAU *****

A $5 MILLION CONTRACT HAS BEEN AWARDED FOR CONSTRUCTION OF A SEAWALL OFF PENG CHAU.

THE 60-METRE SEAWALL WILL ENABLE RECLAMATION WORK TO BE CARRIED OUT IN THE NORTHWESTERN PART OF THE ISLAND.

ON COMPLETION, ABOUT 2 500 SQUARE METRES OF LAND WILL BE PROVIDED FOR AN OPEN SPACE AND PUBLIC TOILETS.

ALSO INCLUDED IN THE PROJECT IS CONSTRUCTION OF A NUMBER OF ROADS AND ASSOCIATED DRAINAGE SYSTEMS.

WORKS BEGAN RECENTLY AND WILL TAKE 10 MONTHS TO COMPLETE.

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