XN000022-1988-11-17 — Page 2

THURSDAY, NOVEMBER 17, 1988

GOVERNOR'S AWARD FOR INDUSTRY EXPANSION PROPOSED

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THE GOVERNMENT PROPOSES TO EXPAND THE SCOPE OF AWARD FOR INDUSTRY FROM THE AREA OF DESIGN TO

QUALITY AND INNOVATION,

THE

PRODUCTIVITY, MR K.Y. YEUNG, SAID TODAY (THURSDAY).

AS

THE GOVERNOR'S OTHER AREAS SUCH DIRECTOR OF INDUSTRY,

SAID

ADDRESSING THE ROTARY CLUB OF HONG KONG HARBOUR, MR YEUNG THAT THE IDEA HAD BEEN GREETED WITH ENTHUSIASM IN AND MAJOR INDUSTRIAL ORGANISATIONS WERE INVOLVED

INDUSTRIAL CIRCLES CRITERIA FOR THESE AWARDS.

IN FORMULATING THE

HE SAID IT WAS A HIGH FORM OF INDUSTRIAL ENTERPRISE AND A DEMONSTRATION INDUSTRIAL DEVELOPMENT SERIOUSLY.

PUBLIC RECOGNITION FOR THAT THE GOVERNMENT TOOK

MR YEUNG SAID THAT THE GOVERNMENT DID NOT STAND IN THF INDUSTRIES ADAPTING

WAY TO THE PROCESS OF INFRASTRUCTURE

CHANGE, BUT IT AND SERVICES

PROVIDED WHICH WOULD CHANGING INDUSTRIAL DEMAND.

RESPOND EFFICIENTLY ΤΟ

OF

A

"THIS MEANS THAT WE HAVE TO KEEP SUPPLY OF

CONSTANT INDUSTRIAL

WATCH ON THE LAND AND MANPOWER SERVICES WHICH HELP MANUFACTURERS TO PRODUCE MORE EFFICIENTLY

TRAINING, AND ON THOSE HIGHER LEVELS OF QUALITY," HE SAID.

AND TO

NOTING THAT GROWING INVESTMENT IN CAPITAL INTENSIVE OPERATIONS, COUPLED WITH INCREASING INVESTMENT IN MECHANISATION WHICH HAD INCREASING DEMAND FOR SUITABLE INDUSTRIAL LAND, MR YEUNG SAID THAT THE LED TO GOVERNMENT HAD DECIDED TO BUILD A THIRD INDUSTRIAL ESTATE, WHICH WOULD MOST PROBABLY BE LOCATED AT JUNK BAY.

70

"WHEN COMPLETED IN 1992 IT WILL HAVE A USABLE AREA OF ABOUT HECTARES AND THIS WILL INCREASE THE ESTATES BY 50 PER CENT," HE SAID.

CAPACITY OF OUR INDUSTRIAL

HE SAID THE GOVERNMENT HAD ALSO STUDY FOR THE DEVELOPMENT OF ABOUT 70 HECTARES AT TUEN MUN TO MEET THE COMMISSIONED A FEASIBILITY DEMAND FOR ACCESS TO THE WATERFRONT FOR LARGE QUANTITIES OF INDUSTRIAL MATERIALS.

LOADING AND UNLOADING VERY

עוויר

"IT 15 VERY IMPORTANT FOR MANUFACTURERS THAT THEY SHOULD BE ABLE TO OBTAIN SUPPLIES

COMPETITIVENESS OF OUR GOOD DEAL OF THEIR SUCCESS OWES ITSELF TO THEIR

READILY; A AND DELIVERY," SAID MR YEUNG.

SPEED OF PRODUCTION

WITH REGARD