XN000022-1989-12-14 — Page 3

2

THURSDAY, DECEMBER 14,

1989

+

WE MUST "HOWEVER,

ENSURE

WE THAT

REMAIN

ATTRACTIVE

то

FINANCIAL

INVESTORS, AND TO DO SO WE WILL NEED TO ENSURE THAT OUR OWN

INCLUDING OUR RESERVES REMAINS STRONG," HE STRESSED. POSITION

-

WANT TO UNDERPLAY THE

THEREFORE, MR MACLEOD SAID HE DID NOT IMPORTANCE OF THESE PROJECTS IN AFFECTING HONG KONG'S CASH FLOW DURING THE 1990'S.

"AS

THE FINANCIAL

SECRETARY

IN SAID

HIS

THE

ΤΟ SPRECH POLICY ADDRESS, LEGISLATIVE COUNCIL IN THE DEBATE ON THE GOVERNOR'S

DISCIPLINE, FOR VIGOROUS THERE WILL BE EVEN MORE NEED FOR FINANCIAL

PROVIDING AND FOR RESTRAINT IN CONTROL OVER PUBLIC RESOURCES FOR OTHER DEVELOPMENT PROJECTS.

THE

EXPENDITURE,

THE NEED TO 'ATTACK "TO THIS END WE ARE CURRENTLY STRESSING

AT EXISTING LOOK CRITICALLY IN OTHER WORDS OR BASELINE' EXPENDITURE, HE SAID, NOTING THAT TIGHTER CONTROLS ON THE THE CIVIL SERVICE HAD BEEN INTRODUCED.

GROWTH OF

SERVICE

"ALL THIS WE HOPE WILL HELP AN ALREADY EFFICIENT CIVIL TO BECOME EVEN MORE CONSCIOUS OF PRODUCTIVITY AND VALUE FOR MONEY

" HE SAID. OF THE NEED TO KEEP PRIORITIES UNDER REVIEW,

AND

NEW CHALLENGES FOR VTC

YEUNG, SAID

FOR THE VOCATIONAL

THE SECRETARY FOR EDUCATION AND MANPOWER, MR K.Y. TODAY THURSDAY) THE FUTURE HOLDS NEW CHALLENGES TRAINING COUNCIL (VTC).

HE WAS SPEAKING AT THE TOPPING-OUT CEREMONY OF TRAINING COUNCIL TOWER IN WAN CHAI.

OF THE

THE VOCATIONAL

GOVERNMENT'S

PLANS TAKING FROM THE TWO

"FIRST, AS AN IMPORTANT COMPONENT FOR EXPANDING TERTIARY EDUCATION, WE WOULD LIKE TO SEE THE VTC OVER AS MANY SUB-DEGREE COURSES AND PLACES AS POSSIBLE POLYTECHNICS," MR YEUNG SAID.

THE SECRETARY SAID HE WAS CONFIDENT THE VTC COULD DO THIS, HE WAS ENCOURAGED THAT THE VTC WOULD REACH ITS OBJECTIVES ON TIME.

AND

IN

HE GAVE ASSURANCE THAT ADDITIONAL RESOURCES WOULD BE TERMS OF BOTH SUITABLE

FOR NEW CONSTRUCTION ADDITIONAL CAPITAL AND RECURRENT SUBVENTIONS.

SITES

PROVIDED,

AND

OF

OUR

PARTICULARLY IN THE

"SECONDLY, WE HAVE HIGH HOPES OF THE VTC VOCATIONAL TRAINING MECHANISMS INTO

TRAINING AND RE-TRAINING LEVEL MANPOWER IN USEFUL NEW TECHNOLOGIES.

BEING ABLE

THE OF

NEXT OUR TECHNOLOGIST

TO LEAD CENTURY,

/"THIS FIELD