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MR BARMA SAID PEOPLE IN HONG KONG SAW THE 1990'S

SUCCESS AND PROSPERITY

IN WHICH THE CONTINUED

AS A DECADE OF THE TERRITORY'S ON ITS TECHNOLOGICAL

ECONOMY WOULD INCREASINGLY BE DEPENDENT CAPABILITY, THE AVAILABILITY OF A POOL OF ENGINEERING EXPERTISE AND SKILLED AND WELL TRAINED WORKFORCE.

TO ENSURE AN ADEQUATE

SUPPLY WAS TAKING

MANPOWER,

OF THE REQUIRED

A MORE PROACTIVE BARMA SAID THE GOVERNMENT INCREASING THE NUMBER OF UNIVERSITY PLACES, IMPROVING THE

TECHNICAL MORE PROVIDING AND TERTIARY EDUCATION OPPORTUNITIES FOR THE SKILLS REQUIRED.

A

MR

STANCE BY QUALITY OF TRAINING

OPPORTUNITIES

OF OVERSEAS COMPANIES HE SAID A NUMBER

HONG IN FOR HIGHER TECHNOLOGY ACTIVITIES AND HAD STARTED NEW FACILITIES IN THE TERRITORY.

HAD RECOGNISED

KONG'S

THE

INDUSTRIAL

"AMONG THESE ARE HOECHST OF

GERMANY, VITELIC CORPORATION OF OF ITALY AND CABOT

THE U.S., DAIWA STEEL TUBE OF JAPAN, MONTEDISON PLASTICS OF UK," HE SAID.

MORR

KONG

EVEN AN HONG MAKE ΤΟ MR BARMA SAID

LOOKING GOVERNMENT WAS PLACE TO DO BUSINESS, THE PLANNING FOR THE FUTURE, WELL INTO THE NEXT CENTURY.

ATTRACTIVE AHEAD AND WAS

HE SAID ENORMOUS INVESTMENT WOULD BE MADE

INFRASTRUCTURE, EXCELLENT HONG KONG'S ALREADY

COMPLETED BE AIRPORT EXPECTED TO STATE-OF-THE-ART EXPANSION OF EXISTING PORT FACILITIES TO ACHIEVE BY 2006 A INCREASE IN THE TERRITORY'S CONTAINER THROUGHPUT.

TO FURTHER IMPROVE

A INCLUDING

BY 1997

NEW AND

FIVE-FOLD

NEW HIGHWAYS, BRIDGES AND RAILROADS THESE NEW FACILITIES.

WOULD BE

TO BUILT

SERVE

MR BARMA SAID ALL

SECTOR PARTICIPATION IN

WOULD INVOLVE PRIVATE THESE UNDERTAKINGS PROJECT FINANCE, ENGINEERING CONSULTANCY,

CONSTRUCTION AND SUPPLY OF MATERIALS.

"THE

RESPONSE,

ENCOURAGING.

FROM

BOTH

LOCAL AND

OVERSEAS,

HAS BEEN

"AND, TO SHOW THAT

>

WE

HAVE

NO

BIAS

ΤΟ AS

TO AWARD WHOM WAS AWARDED THE FOR THE NEW AIRPORT

PROJECTS, I CAN TELL YOU THAT BECHTEL OF CALIFORNIA CONTRACT FOR OVERALL MANAGEMENT OF THE PROJECT AND RELATED ITEMS,

"

HE SAID.

SAID AS A "SYMBIOTIC" SPECIFICALLY WITH

TURNING TO THE HONG KONG-CHINA RELATIONSHIP, MR BARMA

KONG HAD DEVELOPED A MANUFACTURING CENTRE, HONG

OF REGION

CHINA, RELATIONSHIP WITH THE SOUTHERN GUANGDONG, GUANGXI AND FUJIAN PROVINCES.

MARKETING FLAIR AND HIGH-VOLUME

"WHEN THE SOPHISTICATED MANAGEMENT SKILLS AND AVAILABLE IN HONG KONG JOIN FORCES WITH THE LOW-COST PRODUCTION CAPABILITIES OF SOUTHERN CHINA, THE RESULT IS A FORMIDABLE ECONOMIC FORCE THAT PRESENTS A GENUINE ASIAN ECONOMIES'

CURRENT DOMINATION LOW-TECHNOLOGY MANUFACTURING INDUSTRIES,

CHALLENGE TO OTHER DYNAMIC OF LIGHT AND RELATIVELY ++ HE SAID.

/MR BARMA