XN000022-1991-10-15 — Page 4

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TUESDAY, OCTOBER 15, 1991

"IN A FREE ENTERPRISE ECONOMY SUCH AS OURS

WHERE THE

TO SUPPORT

GOVERNMENT TAKES GREAT CARE TO LEAVE BUSINESS DECISIONS TO BUSINESSMEN

IT WOULD BE QUITE UNCHARACTERISTIC OF THE GOVERNMENT INDUSTRY IN ANY WAY OTHER THAN TO ENSURE THAT IT IS ADEQUATELY

WITH IN BY SUPPLIED

THE MEANS OF PRODUCTION, AND TO STEP SUPPORT FACILITIES ONLY WHERE THE PRIVATE SECTOR IS UNABLE ITSELF." HE SAID.

WORK IN SUPPORT

OF

SPECIFIC ΤΟ HELP

ELECTRONICS

THE HAD THROUGH THE THROUGH THE

ON THE GOVERNMENT'S INDUSTRY, MR YEUNG POINTED OUT THAT THE GOVERNMENT PROVISION OF LAND TO MEET THE SPECIAL LAND REQUIREMENTS, EDUCATION AND TRAINING OF ITS WORKFORCE, THE PROVISION OF ADVISORY, CONSULTANCY AND BUREAU SERVICES

IN AND,

THE THE NEAR FUTURE,

PROVISION OF

ASSISTANCE

THAT WOULD HELP AND FACILITIES THOSE WITH BRIGHT IDEAS TO BRING THEM TO FRUITION.

FINANCIAL

HE

POINTED OUT

THE

POLICY TOWARDS THAT THE GOVERNMENT'S ELECTRONICS INDUSTRY WAS A CAREFUL, REGULAR SERIES OF TECHNO-ECONOMIC STUDIES ABOUT THE INDUSTRY'S PERFORMANCE.

"TWO

THIRD WILL SUCH STUDIES HAVE ALREADY BEEN MADE AND A

STRENGTH AND START NEXT YEAR. THESE STUDIES AIM AT IDENTIFYING THE WEAKNESS OF THE ELECTRONICS INDUSTRY AND, IN PARTICULAR, THE OBSTACLES THAT STAND IN THE WAY OF ITS GROWTH AND INTERNATIONAL COMPETITIVENESS.

IS "IT

ON

DEVELOPMENT BOARD

THE BASIS OF THESE (IDB) HELPS THE

STUDIES THAT GOVERNMENT TO

THE FORMULATE

INDUSTRY

NEW

SAID

HONO THE

KONG

DEVELOPMENT STRATEGIES," HE SAID.

ON THE PROVISION OF LAND, MR YEUNG INDUSTRY ESTATES CORPORATION STOOD READY TO ASSIST.

"ACCORDINGLY, WE NOW HAVE AT THE TAI PO INDUSTRIAL ESTATE THE LARGEST DESIGN CENTRE IN THE ASIA PACIFIC REGION FOR THE PRODUCTION OF APPLICATIONS SPECIFIC INTEGRATED CIRCUITS, A BILLION DOLLAR INVESTMENT ON THE PART OF MOTOROLA, HE SAID.

"

TURNING ΤΟ MANPOWER DEVELOPMENT, MR YEUNG VOCATIONAL TRAINING COUNCIL (VTC) AND THE UNIVERSITY AND GRANTS

ENSURE THAT COMMITTEE TOOK GREAT CARE TO INDUSTRY WAS ADEQUATELY SUPPLIED WITH WELL EDUCATED TRAINED TECHNICIANS AND ENGINEERS.

SAID

BOTH THE POLYTECHNIC

THE

ELECTRONICS

AND

COMPETENTLY

APPLICATION ANOTHER

AS REGARDS TRAINING, THE VTC HAD ESTABLISHED AN SPECIFIC INTEGRATED CIRCUIT DESIGN TRAINING CENTRE AND TRAINING IN THE APPLICATION OF SURFACE MOUNT TECHNOLOGY, HE SAID.

FOR

IT

WAY

"INDEED, ONCE THE NEW TECHNOLOGY TRAINING FUND IS SET UP,

COMPANIES WILL PROVIDE A SCHEME OF LOANS AND POSSIBLY GRANTS TO THOSE WHICH HAVE IDENTIFIED TECHNOLOGIES THAT CAN BEST BE PICKED UP BY OF A LEARNING AND WORKING ATTACHMENT IN AN OVERSEAS COMPANY," MR YEUNG SAID.

MR YEUNG NOTED THAT THE GOVERNMENT HAD CHOSEN THE HONG KONG PRODUCTIVITY CENTRE AS THE PRINCIPAL DELIVERY AGENT FOR THE PURPOSE OF PROVIDING A WIDE RANGE OF ADVISORY, CONSULTANCY, BUSINESS AND TRAINING SERVICES.

/TURNING TO

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