XN000022-1991-09-25 — Page 6

WEDNESH!“,

MER 25, 199|

THAT

5 -

WE

WILL

COPE

IN "I AM CONFIDENT WHATEVER CHALLENGES THE FUTURE HAS IN STORE FOR US.

THE

SAME

WAY

WITH

"I AM CONFIDENT THAT HONG KONG WİLL BE A FORCE TO WITH LONG AFTER 1997 HAS PASSED INTO HISTORY. THE BE THE ASIA-PACIFIC CENTURY.

BE RECKONED 21ST CENTURY

WILL

"AND HONG KONG WILL BE THERE, PLAYING ITS PART WITH VIGOUR, AND CONTINUING AS A SHINING EXAMPLE OF TRADE AND FREE ENTERPRISE," HE SAID.

ITS THE TRIUMPH OF

USUAL

FREE

HEALTHY BUSINESS OPPORTUNITIES FOR JAPANESE INVESTORS IN HK

* * *

THE

OPERATIONS

EXPANSION THE

OF RAPID ALREADY IN HONG KONG IS FORCEFUL

ON OPPORTUNITIES POSITIVE OUTLOOK DIRECTOR-GENERAL OF INDUSTRY, MR T.H. BARMA, SAID TODAY (WEDNESDAY).

OF JAPANESE FIRMS TESTIMONY ΤΟ JAPANESE INVESTORS'

IN THE

TERRITORY,

THE.

BUILDING FOR THE JAPANESE INVESTORS PERCEIVED WOULD NOT HAVE EXPANDED THEIR

KONG: SPEAKING AT A SEMINAR ENTITLED "HONG FUTURE" IN TOKYO, MR BARMA SAID UNLESS HEALTHY BUSINESS OPPORTUNITIES THEY OPERATIONS IN HONG KONG AT SUCH A FAST PACE.

HE SAID A NOTABLE ΤΟ MANUFACTURE

STARTED CONSTRUCTION INDUSTRY.

AND

DAIDO CONCRETE CO. LTD WHICH

FOR

LOCAL PRIMARILY

THE

EXAMPLE WAS CONCRETE PILES

NAMELY PANELS

"THE COMPANY SOON EXPANDED ITS PRODUCTION FACILITIES IN PHASES, EVENTUALLY DECIDED STEEL-CONCRETE COMPOSITE RESPECTIVELY," HE SAID.

ΤΟ PILES

MANUFACTURE

AND

NEW PRODUCTS, PRE-FABRICATED CONCRETE

MR BARMA SAID ANOTHER EXAMPLE WAS WHICH

PHOTOCOPIERS, MANUFACTURED CURRENTLY PARTS OBTAINED FROM LOCAL SUPPLIERS.

MITA INDUSTRIAL

AND

CO. LTD,

INCREASINGLY

USED

"IT HAS EXPANDED ITS PRODUCTION FACILITIES IN PHASES, AND

SUPPLIERS TO SET UP INVITED A NUMBER OF ITS PARTS AND COMPONENTS MANUFACTURING OPERATIONS IN HONG KONG," HE SAID.

ALSO

MR BARMA SAID JAPAN HAD ALL ALONG BEEN A SIGNIFICANT SOURCE

IN

AS BORNE OUT MANUFACTURING

HONG KONG,

BY INVESTMENT IN

THE INDUSTRY DEPARTMENT FINDINGS OF ANNUAL SURVEYS CONDUCTED BY OVERSEAS INVESTMENT IN HONG KONG'S MANUFACTURING INDUSTRIES,

"ACCORDING

TO

THE

OF

THE

ON

1990

SURVEY,

THE

VALUE AT THE END OF 1989 STOOD 29.1 PER CENT OF TOTAL OVERSEAS

CUMULATIVE

OF

AT

JAPANESE INVESTMENT IN MANUFACTURING

REPRESENTING MILLION, US$1,108 INDUSTRIAL INVESTMENT IN HONG KONG.

/"IN THIS