XN000022-1990-11-06 — Page 4

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3

TUESDAY, NOVEMBER 6, 1990

THE VALUE

THE AMONG THE

THE OBJECTIVES OF THE 1990 SURVEY WERE TO ASCERTAIN OF OVERSEAS INVESTMENT IN HONG KONG'S MANUFACTURING INDUSTRIES AT END OF 1989, ITS SOURCE COUNTRIES AND DISTRIBUTION

ON INFORMATION

THE OPERATING TO OBTAIN MANUFACTURING INDUSTRIES;

WITH OVERSEAS INTERESTS;

HONG KONG AS A

CHARACTERISTICS OF MANUFACTURING COMPANIES AND TO SEEK THESE COMPANIES' VIEWS ON THE MERITS OF MANUFACTURING BASE AND THE PROSPECTS FOR BUSINESS IN THE NEAR FUTURE.

FROM CONDUCTED

TO JUNE

SEPTEMBER

IN THIS SURVEY, WHICH WAS THIS YEAR, 589 COMPANIES REPORTED AN OVERSEAS INVESTMENT INTEREST.

FOUR INVESTORS REMAINING THE LARGEST (WITH 29 PER CENT),

MR BARMA SAID THE RELATIVE POSITION OF THE BIG HAD NOT CHANGED, WITH THE UNITED STATES INVESTOR (WITH 31 PER CENT), FOLLOWED BY JAPAN CHINA (WITH 11 PER CENT) AND THE UK (WITH SEVEN PER CENT).

IT

PLACE, SECOND "ALTHOUGH JAPAN REMAINED IN NEARLY HALF (47 PER CENT) OF TOTAL OVERSEAS INVESTMENT KONG'S MANUFACTURING INDUSTRIES IN 1989," MR BARMA SAID.

FOR

ACCOUNTED MADE IN HONG

NEARLY SECTORS,

60 PER MANUFACTURING AS REGARDS INDIVIDUAL

ELECTRONICS, ELECTRICAL CENT OF TOTAL OVERSEAS INVESTMENT WAS IN THE PRODUCTS, TEXTILES AND CLOTHING AND CHEMICAL PRODUCTS INDUSTRIES.

MR BARMA SAID THE INDUSTRY DEPARTMENT WAS ALSO CONCERNED THE QUALITY OF OVERSEAS INVESTMENT.

UPGRADE

ABOUT

THEIR

"WE BELIEVE THAT HONG KONG'S MANUFACTURERS MUST PRODUCTIVITY AND THE QUALITY OF THEIR PRODUCTS TO REMAIN COMPETITIVE.

"THE AIM OF

THE INDUSTRY

INWARD

INVESTMENT DEPARTMENT'S

INVESTORS ΤΟ INTRODUCE PROMOTION PROGRAMME IS TO ENCOURAGE OVERSEAS

NEW OR IMPROVED PRODUCTS, TO HONG KONG, THROUGH THEIR INVESTMENTS, TECHNOLOGY, DESIGNS AND MANAGEMENT TECHNIQUES," HE SAID.

COMPANIES WITH

IN THIS RESPECT, HE SAID, ABOUT 40 PER CENT OF AN OVERSEAS INTEREST WERE JOINT VENTURES WITH LOCAL PARTNERS,

FOR OPPORTUNITY A GOOD PROVIDED OF COOPERATION

TRANSFER.

WHICH

A FORM TECHNOLOGY

STAFF HAVE BEEN PROVIDE GUIDANCE OR AND OPERATIONS,

"IN ABOUT THE SAME PROPORTION OF COMPANIES, DEPLOYED FROM THE OVERSEAS PARENT COMPANIES TO

AREAS SUCH AS

MANAGEMENT, COMPANY ASSISTANCE IN RESEARCH AND DEVELOPMENT," HE SAID.

CENT)

MR BARMA SAID 337 COMPANIES (57 PER EITHER HAD LICENSING ARRANGEMENTS WITH THE OR HAD RECEIVED TECHNICAL ASSISTANCE OR HELP AND EQUIPMENT FROM THEM.

REPORTED THAT THEY OVERSEAS PARENT COMPANY, IN ACQUIRING MACHINERY

PARTICULARLY THOSE IN

MOREOVER, 104 COMPANIES (18 PER CENT),

PRODUCTS INDUSTRIES, ELECTRICAL THE ELECTRONICS AND OVERSEAS INVESTORS HAD BEEN

INVOLVED IN THE

REPORTED THAT

OF TRANSFER

ADVANCED

TECHNOLOGY.

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