XN000022-1990-07-13 — Page 9

FRIDAY, JULY 13, 1990

OF

A SPOKESMAN FOR THE INDUSTRY DEPARTMENT SAID THE SETTING UP A TECHNOLOGY CENTRE IN HONG KONG WOULD ASSIST THE MANUFACTURING SECTOR TO RESPOND TO THE OPPORTUNITIES FOR NEW TECHNOLOGY MORE EFFECTIVELY.

"A KEY FUNCTION OF THE TECHNOLOGY CENTRE IS TO PROVIDE PURPOSE- BUILT ACCOMMODATION FOR HIGH-TECHNOLOGY DESIGN, RESEARCH AND DEVELOPMENT, AND PRODUCT PROTOTYPING," HE SAID.

THE SPOKESMAN SAID THE TECHNOLOGY CENTRE WOULD ALSO PROVIDE PRODUCT DESIGN AND DEVELOPMENT SERVICES AND SET UP TECHNOLOGY TRANSFER FACILITIES TO ASSIST MANUFACTURERS IN PRODUCT INNOVATION TECHNOLOGY UPGRADING.

HONG

AND

IT IS ENVISAGED THAT THE STATUTORY CORPORATION, KNOWN AS THE KONG INDUSTRIAL TECHNOLOGY CENTRE CORPORATION, WILL BE ESTABLISHED IN ABOUT A YEAR'S TIME.

INDUSTRIAL TECHNOLOGY

MEANWHILE, A PROVISIONAL HONG KONG CENTRE COMPANY LIMITED HAS BEEN SET UP ΤΟ PERFORM THE NECESSARY FUNCTIONS AND ACTIVITIES IN ORDER TO ACHIEVE THE GOAL OF HAVING THE TECHNOLOGY CENTRE OPERATIONAL IN 1993.

A BOARD OF DIRECTORS HAS ALSO BEEN APPOINTED TO OVERSEE THE OPERATIONS OF THE COMPANY.

DR RAYMOND CH'IEN HAS BEEN APPOINTED CHAIRMAN WHILE THE SECRETARY FOR TRADE AND INDUSTRY, MR JOHN CHAN, HAS BEEN APPOINTED DEPUTY CHAIRMAN.

MEMBERS OF THE BOARD INCLUDE THE DIRECTOR OF INDUSTRY, MR T.H. BARMA, PROFESSOR Y.C. CHENG, MR DAVID GAIRNS, PROFESSOR CHARLES KAO, MR JEFFREY LAM, MR J.P. LEE, DR CHRISTOPHER LEONG, MR C.D. TAM AND MR ALLAN WONG.

THE COMPANY SECRETARY IS AN ASSISTANT DIRECTOR OF INDUSTRY, MR MAXIMUS LI.

SHORTLY.

IT IS EXPECTED THAT THE BOARD WILL HOLD ITS FIRST MEETING

FUNDS APPROVED FOR COMMISSIONING CONSULTANCY

**

FROM

THE FINANCE COMMITTEE TODAY THE PROVISIONAL AIRPORT AUTHORITY (PAA).

ADVANCE OF $760 MILLION

(FRIDAY) CAPITAL

APPROVED AN ADDITIONAL

ΤΟ INVESTMENT FUND

THE

PLAN FOR THE

THIS WILL ENABLE THE PAA TO COMMISSION THE AIRPORT MASTER

KOK CONSULTANCY TO ESTABLISH A MAJOR WORKS SITE AT CHEK LAP SUBSEQUENT USE OF THE MAJOR RECLAMATION CONTRACTOR.

/THE AIRPORT