XN000022-1988-04-14 — Page 4

THURSDAY, APRIL 14, 1988

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AT THE ASIA TERMINALS LTD, THE SECOND PHASE OF A CONTAINER FREIGHT STATION ON SEA-LAND'S TERMINAL 3 WAS MONTH. THIS HAS INCREASED STORAGE CAPACITY BY ALMOST SQUARE FEET AND MAINTAINS THE TERMINAL'S POSITION AS CONTAINER FREIGHT STATION IN ASIA.

MULTI STOREY OPENED LAST ONE MILLION THE LARGEST

SIR DAVID WAS ALSO TOLD THAT TERMINAL 6 AT HONG KONG INTERNATIONAL TERMINALS, COMPRISING A RECLAMATION OF 29 HECTARES FROM THE SEA, IS DUE TO RECEIVE ITS FIRST VESSEL ALONGSIDE THE FIRST BERTH NEXT MONTH.

WITH THE COMPLETION OF TERMINAL 6 SCHEDULED FOR THE MIDDLE OF NEXT YEAR, THE CAPACITY AT KWAI CHUNG PORT WILL BE APPROXIMATELY 3.5 MILLION TEU'S.

SIR DAVID NOTED THAT CAPACITY WILL BE INCREASED TO APPROXIMATELY 4.5 MILLION TEU'S ON THE COMPLETION OF TERMINAL 7 IN

1993.

ON CURRENT GROWTH RATES, IT IS FORECAST THAT THESE FACILITIES SHOULD MEET HONG KONG'S DEMAND UP TO 1993-94.

AS FOR FUTURE DEVELOPMENT AND THE LOCATIONS OF THE OF CONTAINER TERMINALS, THEY ARE BEING UNDERTAKEN BY THE AIRPORT DEVELOPMENT STRATEGY" (PADS) STUDY.

NEXT

PHASE "PORT AND

THE PADS, WHICH COMMENCED LAST MONTH, IS DUE PRELIMINARY RECOMMENDATIONS BEFORE THE END OF THIS YEAR.

ΤΟ

MAKE

SECOND STUDY ON ELECTRONICS INDUSTRY IN PIPELINE

THE GOVERNMENT WILL COMMISSION A SECOND STUDY OF THE LOCAL ELECTRONICS INDUSTRY THIS YEAR WITH THE AIM OF ASSESSING PROSPECTS FOR FUTURE GROWTH FOR THE INDUSTRY, THE OBSTACLES THAT LIE IN THE WAY AND WHAT CAN BE DONE TO REMOVE THEM.

THE ACTING SECRETARY FOR TRADE AND INDUSTRY, MR K.Y. YEUNG, SAID THIS TODAY (THURSDAY) WHEN SPEAKING AT THE OPENING OF THE HONG KONG COMPUTER CONFERENCE.

MR YEUNG SAID THAT WHILE THE ELECTRONICS INDUSTRY WAS HONG KONG'S SECOND LARGEST EXPORT EARNER, THE LEVEL OF TECHNOLOGY THAT HONG KONG HAD ATTAINED IN THE USE OF INFORMATION TECHNOLOGY SYSTEMS WAS FAR HIGHER THAN IN THE MANUFACTURE OF SUCH EQUIPMENT.

"AGAINST THIS