XN000022-1989-09-04 — Page 4

3

MONDAY, SEPTEMBER 4, 1989

OTHERS

THEIR

(THE

ARE STILL PARENT COMPANIES,

"

HE

"TO DATE, OF THE 22 WHO HAVE RETURNED UNDERGOING TRAINING), 21 HAVE REJOINED SAID.

CUSTOMISED BEING THE TAI PO

AS A RESULT, INVESTMENT IN DESIGN AND PRODUCTION OF MOST NOTABLE CASE CHIPS HAD GROWN SUBSTANTIALLY AND THE SETTING UP OF A BILLION DOLLAR DESIGN AND PRODUCTION PLANT IN INDUSTRIAL ESTATE.

WERE CONCERNED

EXPLORING DETAILS то PROCEED WITH

NEW

THE

PARTIES MR YEUNG SAID THE WITH THE VTC AND HE HOPED THAT A DECISION TRAINING SCHEME WOULD SOON BE ANNOUNCED.

"IT IS THROUGH HUMAN RESOURCE DEVELOPMENT THIS, TAKEN TOGETHER WITH THE PROVISION SUPPORT,

A SOCIETY TECHNOLOGICAL CULTURE'.

THAT

CREATES

A

PROGRAMMES SUCH AS OF ADEQUATE INFRASTRUCTURAL

SCIENTIFIIC HEALTHY

AND

"THAT 'CULTURE' IN TURN

INFLUENCES

BOTH INVESTMENT

AND

EDUCATION, MR YEUNG SAID.

NEW INVESTMENT GIVES CAUSE FOR CAUTIOUS OPTIMISM IN INDUSTRY

WHILE SENTIMENTS HAVE BECOME MORE CAUTIOUS KONG HAS WITNESSED A NUMBER OF NEW

CHINA,

THAN BEFORE,

MADE INVESTMENT DECISIONS

INDUSTRY, THE DEPUTY DIRECTOR OF THE RECENT EVENTS IN ANDREW LEUNG, SAID THIS (MONDAY) MORNING.

HONG AFTER MR

BUSINESS

SCHOOL'S MBA SPEAKING TO PARTICIPANTS IN THE LONDON

INCLUDED SEVERAL NEW MANUFACTURING DECISIONS BY TWO UNITED

PROGRAMME, MR LEUNG SAID THESE INVESTMENTS BY OVERSEAS COUNTRIES AND THE STATES COMPANIES TO RELOCATE THEIR REGIONAL HEADQUARTERS TO HONG KONG.

STATES

HAYES

DOUGLAS,

WERE COMPANIES HE

SAID THE TWO UNITED MICROCOMPUTERS, MOVING TO HERE FROM SINGAPORE, AND MCDONNELL BEING RELOCATED FROM SHANGHAI.

WERE MADE BY DAIWA STEEL MULTIFORM [AUSTRALIA), KONG JOINT VENTURE),

THE NEW MANUFACTURING INVESTMENTS (JAPAN), NEC (JAPAN), DAIDO CONCRETE (JAPAN), 3M (USA) AND LAMDA MAGNETICS LTD TOTALLING OVER US$28 MILLION.

(JAPAN/HONG

BUSINESSES,

то IT WAS STILL TOO EARLY

BE MR LEUNG SAID THAT ALTHOUGH

ON HONG KONG'S DEFINITE ABOUT THE IMPACT OF RECENT EVENTS IN CHINA

HAD CONTRASTS

SO FAR SEVERAL APPARENT MANUFACTURING EMERGED.

"FIRST, IN CHINA, IT IS OBVIOUS THAT THE IMPACT LESS IN THE SOUTH THAN IN THE NORTH,

HAS BEEN

FAR

**

HE SAID.

"THE PEARL