XN000022-1989-08-29 — Page 3

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TUESDAY. AUGUST 29, 1989

OPPORTUNITIES STILL ABOUND IN HK

BEEN ABLI WITH ITS SOUND ECONOMIC FUNDAMENTALS. HONG KONG 11AS

INTERNATIONAL FINANCIAL AND TO MAINTAIN ITS MOMENTUM AS AN

TRADING THE DEPUTY DIRECTOR OF THE CENTRE. DESPITE RECENT EVENTS IN CHINA.

NG. SAID HONG KONG ECONOMIC AND TRADE OFFICE IN NEW YORK, MR STEPHEN RECENTLY.

GOVERNMENT

WAS

TO COMMITTED FIRMLY

FURTHER SUSTAIN THIS POSITION WELL WAS ALSO PLAYING ITS

HE SAID THE IMPROVING HONG KONG'S INFRASTRUCTURE TO INTO THE NEXT CENTURY, AND THE PRIVATE SECTOR ᏢᎪᎡᎢ .

OF

ORGANISED BY

AMERICAN

MR NG WAS SPEAKING AT THE 1989 SUMMER CONFERENCE

AND THE ENGINEERS-USA THE CHINESE INSTITUTE

CHINESE ACADEMIC AND PROFESSIONAL SOCIETY HELD IN SOMERSET, NEW JERSEY.

TWO

HAPPENED

RATES IN THE PAST CHINA. SUBSTANTIAL

WHILE THERE HAD BEEN A SLOWDOWN IN GROWTH

IN OF WHAT MONTHS BECAUSE INVESTMENTS IN HONG KONG BY BOTH THE PUBLIC AND PRIVATE CONTINUING. MR NG SAID.

SECTORS WERE

AMERICAN COMPANIES AN OFFICE

HE NOTED THAT AMONG THE LATTER A NUMBER OF HAD EITHER RELOCATED TO HONG KONG OR WERE PLANNING TO OPEN HERE.

WORKFORCE HONG KONG WAS FOCUSSING ON THE NEED TO DEVELOP A NEW

TECHNOLOGY. MR NG SAID. WHILE TO RESPOND TO THE CHALLENGES OF NEW

WAS DUE POINTING OUT THAT A NEW UNIVERSITY OF SCIENCE AND TECHNOLOGY TO OPEN IN 1991.

THE CENTRE WAS BEING EXPLORED.

IN ADDITION.

POSSIBILITY

OF

A ESTABLISHING

TECHNOLOGY

ALSO

MORE EDUCATIONAL. RECREATIONAL

WITH AND THESE COUPLED BEING BUILT DEVELOPMENT GOING ON MADE HONG KONG ONE OF THE MOST TO LIVE IN. TO WORK IN AND TO DO BUSINESS IN. HE CONCLUDED.

ENJOYABLE PLACES

AND CULTURAL FACILITIES

THE INFRASTRUCTURAL

WERE

LABOUR COMMISSIONER VISITS SHIPYARD

THE COMMISSIONER FOR LABOUR. MR TONY HAMMOND. TODAY (TUESDAY!

WAN VISITED THE FAR EAST HYDROFOIL COMPANY LTD SHIPYARD IN CHEUNG SHA AS PART OF HIS PROGRAMME TO FAMILIARISE HIMSELF WITH THE LATEST LABOUR SITUATION IN INDUSTRY.

THE

A MEMBER OF THE SHIPPING DIVISION OF THE SHUN TAK ENTERPRISES

COMPANY LTD. THE

15 ENGAGED IN CORPORATION

THE REPAIR OF DIVISION'S JETFOILS THAT PLY BETWEEN HONG KONG AND MACAU.

/MR HAMMOND