XN000022-1990-10-18 — Page 7

THURSDAY, OCTOBER 18, 1990

GOVERNMENT DETERMINES TO RETAIN, PRODUCE AND ATTRACT QUALIFIED MANPOWER

* * * * * *

AND

FOR

THE GOVERNMENT IS PLANNING ΤΟ CREATE A NEW TECHNOLOGIES TRAINING FUND то PROVIDE OPPORTUNITIES FOR MIDDLE MANAGERS TECHNOLOGISTS TO ACQUIRE SPECIALISED TRAINING, THE SECRETARY EDUCATION AND MANPOWER, MR K. Y. YEUNG, SAID TODAY (THURSDAY).

SUPPLY

THIS IS AMONG THE MEASURES AIMED TO ENSURE AN ADEQUATE OF QUALIFIED AND EXPERIENCED MANPOWER THAT HONG KONG NEEDS FOR SUSTAINING GROWTH.

CONCESSIONARY

RATES OF SEND HIS

=

THE

"THROUGH THE MECHANISM OF LOANS AT INTEREST, THE TRAINING FUND WILL ENABLE AN EMPLOYER TO MANAGERS, TECHNOLOGISTS AND TECHNICIANS FOR TRAINING IN APPLICATION OF USEFUL TECHNOLOGY THAT ARE NOT AT PRESENT COVERED BY CONVENTIONAL COURSES AT OUR EDUCATIONAL AND VOCATIONAL TRAINING INSTITUTIONS," MR YEUNG SAID.

**WE

ENVISAGE LOANS BEING MADE TO COVER PURPOSE-DESIGNED SHORT COURSES, TO BE MOUNTED LOCALLY BY OUR TERTIARY INSTITUTIONS WHERE THEY HAVE THE EXPERTISE, AS WELL AS WORKING ATTACHMENTS WITH OVERSEAS BUSINESSES THAT ARE APPLYING THE TECHNOLOGY

WE NEED ΤΟ LEARN, HE

ADDED.

AS USUAL, THE GOVERNMENT WILL NOT TRY TO PICK WINNERS, MR YEUNG STRESSED. "THE EMPLOYER, NOT THE GOVERNMENT, WILL BE FREE TO CHOOSE THE TECHNOLOGY APPROPRIATE TO HIS BUSINESS, SO LONG AS IT WOULD HAVE THE EFFECT OF ENHANCING PRODUCTIVITY, IMPROVING QUALITY AND CREATING VALUE.

T.

IN A KEY-NOTE ADDRESS TO THE HONG KONG MANAGEMENT ASSOCIATION ANNUAL CONFERENCE, MR YEUNG OUTLINED THE MEASURES THAT THE GOVERNMENT HAS TAKEN TO ENSURE THAT OUR ECONOMY GETS THE EDUCATED AND TRAINED MANPOWER IT NEEDS FOR FUTURE GROWTH AND DEVELOPMENT.

OF

HE POINTED OUT THAT THE EDUCATION AND MANPOWER BRANCH LAUNCHED FOR THE FIRST TIME LAST YEAR AN EXERCISE TO PROVIDE SOME FORECASTS MANPOWER NEEDS.

"WHILE TOTAL EMPLOYMENT IS FORECAST TO GROW FROM 2.74 MILLION PERSONS IN 1988 BY ONLY 4 PER CENT TO 2.86 MILLION PERSONS IN 1996, THE DEMAND FOR PROFESSIONAL, TECHNICAL AND MANAGERIAL WORKERS GROW BY SOME 93,000 JOBS, OR 26 PER CENT OVER THE 1988 LEVEL.

"THE

WILL

BR

OF

AREAS OF SIGNIFICANT GROWTH ARE EXPECTED ΤΟ CONCENTRATED IN THE COMMUNITY AND PERSONAL SERVICES GROUP INDUSTRIES, FOLLOWED BY THE FINANCIAL SERVICES, CONSTRUCTION, MANUFACTURING AND THE DISTRIBUTIVE TRADES, HE SAID.

即首

/TO MEET