XN000022-1988-09-23 — Page 9

B

FRIDAY, SEPTEMBER 23, 1988

RESEARCH GRANTS MADE TO TERTIARY INSTITUTIONS

THE

UNIVERSITY AND POLYTECHNIC

ALLOCATED ITS FIRST ROUND OF RESEARCH

GRANTS COMMITTEE HAS GRANTS, TOTALLING $120

MILLION FOR THE PERIOD 1988-91, TO THE FIVE TERTIARY INSTITUTIONS.

THE FIVE INSTITUTIONS ARE: THE UNIVERSITY OF HONG KONG, CHINESE UNIVERSITY OF HONG KONG, THE HONG KONG POLYTECHNIC, CITY POLYTECHNIC OF HONG KONG AND THE HONG KONG BAPTIST

THE THE COLLEGE.

SPECIAL FUND ESTABLISHED 1988-89, $40 MILLION FOR

THE RESEARCH GRANTS ARE MADE FROM A FOR THIS PURPOSE, PROVIDING $30 MILLION FOR 1989-90 AND $50 MILLION FOR 1990-91 TO THE INSTITUTIONS.

OF THE $30 MILLION FOR 1988-89, DISBURSED IN THE FORM OF SMALL GRANTS RESEARCH COMMITTEES AND $20 MILLION WILL BE IN RESPONSE TO COMPETITIVE BIDS.

$10 MILLION WILL BE BY THE INSTITUTIONS' ALLOCATED BY THE UPGC

A SPOKESMAN OF THE UPGC SAID THAT THE PROJECTS HAD BEEN SELECTED STRICTLY ON THE BASIS OF MERIT.

-

"THE QUALITY OF THE BIDS IS EXTREMELY HIGH AND THERE IS A CONSIDERABLE NUMBER OF WORTHY PROJECTS WHICH CANNOT BE SUPPORTED OWING TO LIMITED FUNDS," HE SAID.

"THIS MEANS THAT BOTH THE INSTITUTIONS AND THE UPGC BE VERY SELECTIVE AND THAT THERE IS ALREADY A BACKLOG OF BUT UNFUNDED PROJECTS," HE ADDED.

HAVE TO VALUABLE

THE ALLOCATION