XN000022-1990-01-24 — Page 3

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WEDNESDAY, JANUARY 24, 1990

HE SAID LAND HAD BEEN CARMARKED FOR A THIRD TO BE ESTABLISHED AT TSEUNG KWAN 0.

IS DES IONED SPECIFICALLY "THE NEW ESTATE OPERATIONS INVOLVING ADVANCED READY IN 1993, HE SAID.

TECHNOLOGIES. IT IS

TO

INDUSTRIAL ESTATE

FOR MANUFACTURING

TO EXPECTED

BE

ESTABLISH A

FOR NEW AND THEIR

MR CHAN ADDED THAT THE GOVERNMENT WAS PLANNING TO

FACILITIES PROVIDE TECHNOLOGY CENTRE IN HONG KONG SMALL-SCALE HIGH TECHNOLOGY COMPANIES UNTIL THEY COULD STAND ON OWN FEET.

"MEANWHILE,

SUCH

AS

PRODUCTIVITY

A SERIES OF SERVICES

WILL SERVICES AND PRODUCT DESIGN ENHANCEMENT, QUALITY IMPROVEMENT

AND OTHER RELEVANT THE GOVERNMENT CONTINUE TO BE PROVIDED BY BOTH

INDUSTRIES," ORGANISATIONS SO AS TO STRENGTHEN OUR MANUFACUTURING

SAID.

HE

FOR OF THE

FOR

MR CHAN SAID THE FORMULATION OF SUCH MASSIVE PLANS AS PADS

IN WAS

FACT A MANIFESTATION INFRASTRUCTURAL FACILITIES

THE

ENVIRONMENT RIGHT PROVIDING OF PHILOSOPHY GOVERNMENT'S

ENTERPRISE AND BUSINESS TO SUCCEED, OF RELYING ON THE FORCES OF FREE

PROVI810N OF OF CREATING OPPORTUNITIES FOR THE PRIVATE SECTOR IN THE THE TERRITORY'S KEY INFRASTRUCTURE.

THE

COMPETITION

CHAN SAID HONG KONG'S LOOKING INTO THE IMMEDIATE FUTURE, MR

AS PROBLEMS BE FACED WITH SUCH TRADE AND INDUSTRY WOULD SLACKENING OF THE WORLD ECONOMY, THE INCREASINGLY INTENSE

OF GROWTI THE SLOWDOWN IN FROM NEIGHBOURING COUNTRIES, KONG'S TRADE WITH CHINA AND THE RISING PROTECTIONIST PRESSURES IN TRADITIONAL WESTERN MARKETS.

"HOWEVER, WE STRONGLY

THAT BELIEVE

AND

THE

HONG ITS

THESE INFRASTRUCTURAL TOOLS IN TERMS INCREASED INVESTMENT

PROJECTS WILL EQUIP HONG KONG WITH NEW AND EFFECTIVE

ENVIRONMENT AN IMPROVED TRADING OPPORTUNITIES.

OF

"THESE, TOGETHER WITH THE

AND RESILIENCE USUAL

SPIRIT OF THE PROPLE OF HONG KONG, WELL ENABLE US SUCH DIFFICULTIES AND CONTINUE TO ACHIEVE RESULTS,

ENTERPRISING

TO STRIVE THROUGH

HE SAID.

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