XN000022-1990-12-04 — Page 3

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"WE'VE GOT

TO INCH OUR WAY WE

FORWARD. WE'VE HAD VOLUNTARY REPATRIATION, NOW

HAVE THE REPATRIATION OF THOSE WHO HAVE NOT ACTIVELY VOLUNTEERED. LET'S GIVE THAT A CHANCE BEFORE WE SEE WHAT NEXT STEP SHOULD BE, SIR DAVID SAID.

tt

THE

SEEING THE GOVERNOR AND LADY WILSON OFF AT THE AIRPORT WAS CHIEF SECRETARY, SIR DAVID FORD.

THE

MOTOROLA'S NEW PLANT DEMONSTRATES CONFIDENCE IN HONG KONG

KONG

MOTOROLA'S ESTABLISHMENT OF ITS SILICON HARBOUR CENTRE IN HONG CLEARLY DEMONSTRATES ITS CONFIDENCE IN THE TERRITORY AS A PLACE WHERE HIGH-TECHNOLOGY MANUFACTURING CAN GROW AND THRIVE, AND THE BRIGHT PROSPECTS FOR DOING PROFITABLE BUSINESS HERE. THE CHIEF SECRETARY, SIR DAVID FORD SAID TODAY (TUESDAY).

SPEAKING AT THE OPENING CEREMONY OF THE MOTOROLA'S NEW FACILITY ON TAI PO INDUSTRIAL ESTATE, SIR DAVID SAID THE COMPANY WAS A SHINING EXAMPLE OF THE ROLE OVERSEAS INVESTORS PLAYED IN BRINGING ADVANCED TECHNOLOGY TO HONG KONG.

"I AM PLEASED TO SEE THIS NEW STRUCTURE ACCOMMODATING MOTOROLA'S ASIA-PACIFIC REGIONAL HEADQUARTERS AND ITS DESIGN AND MANUFACTURING FACILITIES FOR ADVANCED SEMICONDUCTORS FOR SPECIAL APPLICATIONS," HE SAID,

THIS OPERATION, SAID SIR DAVID, SHOULD HELP THE LOCAL ELECTRONICS INDUSTRY TO MOVE INTO THE GENERATION OF MODERN CIRCUITRY AND PRODUCT MINIATURIZATION.

OF

THE CHIEF SECRETARY SAID THE TOPPING-OUT OF THE UNIVERSITY SCIENCE AND TECHNOLOGY LAST WEEK AND THE OPENING OF THE SILICON HARBOUR CENTRE TODAY, THOUGH MIGHT BE COINCIDENTAL IN TIMING, BOTH EVENTS WENT TO SHOW THAT HONG KONG WAS MOVING STEADILY ONWARDS AS A CENTRE OF EXCELLENCE IN TECHNOLOGY AND MODERN INDUSTRIES.

HE NOTED THAT MOTOROLA HAD DECIDED TO SET UP THIS SILICON HARBOUR CENTRE IN HONG KONG BECAUSE OF THE TERRITORIES' ATTRACTIVE CENTRAL POSITION WITH RESPECT TO OTHER SEMICONDUCTOR CUSTOMERS IN THE ASIA-PACIFIC REGION, THE AVAILABILITY OF TECHNICALLY-SKILLED STAFF AND THE TERRITORY'S PROXIMITY TO A POTENTIALLY-ENORMOUS CHINA MARKET.

"THESE SAME FACTORS HAVE INFLUENCED MANY OVERSEAS INVESTORS COME TO HONG KONG.

TO

"HONG KONG'S GEOGRAPHICAL LOCATION, ITS FREE TRADE AND FREE ENTERPRISE POLICY, IT'S HARD-WORKING AND EFFICIENT LABOUR FORCE, ITS LOW TAXATION RATE, AND ITS EXCELLENT COMMUNICATIONS NETWORK ARE CONSTANTLY CITED BY OVERSEAS INVESTORS AS HONG KONG'S ATTRACTIONS AS A MANUFACTURING BASE, MOST RECENTLY IN THE INDUSTRY DEPARTMENT'S 1990 SURVEY OF OVERSEAS INVESTMENT IN HONG KONG'S MANUFACTURING INDUSTRIES.

/"THE SURVEY

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