WEDNESDAY, JULY 19, 1989
48
SPEAKING AT A RECEPTION TO CELEBRATE THE 25TH
ANNIVERSARY OF DAI NIPPON PRINTING CO (HK) LTD TODAY (WEDNESDAY), MR LEUNG SAID JAPAN'S TOTAL VALUE OF OVERSEAS INVESTMENT IN OUR MANUFACTURING INDUSTRIES HAD BEEN GROWING SIGNIFICANTLY FROM 21 PER CENT IN 1986 27 PER CENT IN 1987.
TO
DAI NIPPON IS NOW ONE OF THE 160 JAPANESE IN HONG KONG.
MANUFACTURING
FIRMS
SINCE THE BEGINNING OF 1988, THE INDUSTRY DEPARTMENT AND ITS INVESTMENT PROMOTION OFFICE IN TOKYO HAD HELPED 16 NEW JAPANESE FIRMS IN SETTING UP MANUFACTURING OPERATIONS IN HONG KONG AND FIVE OTHER JAPANESE FIRMS IN HONG KONG WITH THEIR EXPANSION PROJECTS. MR LEUNG ADDED.
HE CITED DAI NIPPON AS AN EXCELLENT EXAMPLE OF JAPANESE FORESIGHT AND ENTERPRISE IN HONG KONG'S INDUSTRIAL SECTOR.
"DAI NIPPON PRINTING FIRST CAME TO HONG KONG IN 1964 TO SET UP A JOINT VENTURE FACILITY.
"TODAY, IT IS EQUIPPED WITH SOME OF THE MOST ADVANCED FACILITIES IN ASIA FOR PRODUCING BOOKS AND MAGAZINES, SERVING A LARGE INTERNATIONAL CLIENTELLE, HE SAID.
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"THE CELEBRATION OF THE COMPANY'S 25TH ANNIVERSARY MARKS IT'S LONG-TERM CONFIDENCE IN HONG KONG AS A BASE FOR THE WORLDWIDE MARKET.' HE ADDED.
MR LEUNG SAID DAI NIPPON WAS AT PRESENT PRINTING MAINLY BOOKS AND MAGAZINES IN HONG KONG, ADDING THAT THERE WAS AMPLE SCOPE FOR IT TO EXPAND FURTHER.
HE INVITED DAI NIPPON TO MANUFACTURE ITS OTHER PRODUCTS SUCH AS PACKAGING MATERIALS. PHARMACEUTICALS, MARKS FOR INTEGRATED CIRCUIT (IC) WAFER FABRICATION, MAGNETIC CARDS AND CONSTRUCTION MATERIALS IN HONG KONG.
ON HONG KONG'S PRINTING INDUSTRY, MR LEUNG SAID OVER THE YEARS. THE INDUSTRY HAD MADE GREAT STRIDES IN TERMS OF PRODUCTIVITY, VERSATILITY AND QUALITY, TURNING HONG KONG INTO THE SECOND LARGEST PRINTER IN ASIA AFTER JAPAN.
"THE INDUSTRY IS RENOWNED FOR ITS QUALITY, COMPETITIVE PRICES QUICK DELIVERY AND ABILITY TO COPE WITH SHORT-RUN PRINTING JOBS.
"PUBLICATIONS FROM WORLD RENOWNED
HONG KONG.
PUBLISHERS ARE PRINTED IN
"THE PRESENCE OF COMPANIES LIKE DAI NIPPON PRINTING HAS CONTRIBUTED IN NO SMALL WAY TO THIS DEVELOPMENT," HE SAID.
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