XN000022-1991-07-12 — Page 11

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10

FRIDAY, JULY 12, 1991

SUPPLY

640 MILLION PERIOD ENDING THE DECEMBER THIS WATER IN THE

ΤΟ AGREED MR HU SAID ALTHOUGH CHINA HAD CUBIC METRES OF WATER TO HONG KONG DURING THE 12-MONTH AND FEBRUARY 1992, THE SUPPLY SITUATION WOULD BECOME CRITICAL DURING ANNUAL SHUTDOWN OF CHINA WATER SUPPLY IN NOVEMBER YEAR WHEN HONG KONG WOULD HAVE TO DEPEND SOLELY ON THE RESERVOIRS.

VERY RAINFALL

"THE DECISION TO IMPOSE WATER RESTRICTIONS WILL THEREFORE MUCH DEPEND ON THE WEATHER CONDITIONS AND THE YIELD FROM THE

MR HU SAID. AS WELL AS DRAW-OFF FROM RESERVOIRS,

HE RENEWED HIS

ΤΟ APPEAL

THE

PUBLIC TO

EVERYTHING DO

TO

CONSERVE WATER AND AVOID WASTAGE.

+

SET OF MEANWHILE THE WATER SUPPLIES DEPARTMENT HAS DEVISED A

WATER RESTRICTIONS CONTINGENCY PLANS FOR IMPLEMENTATION IN THE EVENT HAVE TO BE IMPOSED.

FUNDS

ALSO WILL

SOUGHT BE

ΤΟ EMPLOY

TEMPORARY

CONSTRUCT TEMPORARY BARRACKS FOR THEM AND PURCHASE EQUIPMENT.

HK A POPULAR PLACE FOR FIRMS TO SET UP REGIONAL HQS

*

WORKERS,

LOCATION FOR FOREIGN HONG KONG WILL CONTINUE TO BE A POPULAR

HEADQUARTERS, THE REGIONAL ASIAN UP THEIR MULTI-NATIONALS TO SET SECRETARY FOR TRADE AND INDUSTRY, MR T.H. CHAU, SAID TODAY (FRIDAY).

THE BUSINESS ORIENTATION SPEAKING AT THE CLOSING CEREMONY OF PROGRAMME ORGANISED BY THE AMERICAN CHAMBER OF COMMERCE, MR CHAU

YEAR, 572 FOREIGN ACCORDING TO A SURVEY CONDUCTED LAST

SAID

FIRMS

WERE

KONG,

AND ABOUT

THAT

60 A

IN HONG FOUND TO HAVE SFT UP REGIONAL HEADQUARTERS BETWEEN 1987 AND 1990 THEY WERE COMING IN AT THE RATE OF YEAR.

DOUGLAS, CGENERAL

MOTORS,

BANK

THE FIRMS INCLUDED MCDONNELL, OF AMERICA, BRITISH AIRWAYS, OLIVETTI, AND YAOHAN, HE SAID.

"UNFORTUNATELY,

IT IS IN THE OCCASIONAL DEPARTURES GET ALL THE MEDIA CONTINUING INFLOW TENDS TO GO UNNOTICED.

"IT IS QUITE TRUE THAT SOME OTHER PLACES ADVANTAGES AS A REGIONAL BASE WHICH HONG KONG HAS NOT.

NATURE UF

COVERAGE,

THAT THINGS WHILE THE

THE QUIET

IN THE REGION

HAVE

4

IT IS EQUALLY TRUE THAT WE ALSO HAVE ADVANTAGES WHICH THEY NOT HAVE.

DO

"SO I EXPECT WE WILL SEE A CONTINUING STRONG INTEREST

HE SAID. KONG AS A REGIONAL BASE,

IN HONG

MR CHAU