XN000022-1991-12-20 — Page 8

FRIDAY, DECEMBER 20, 1991

HK TO HOST ADB ANNUAL MEETING

I

AND CENTRAL

BANK NEXT

THE

ABOUT 1,400 OF THE WORLD'S FINANCE MINISTRY OFFICIALS AND TOP BANKERS, WILL GATHER IN HONG KONG IN EARLY MAY

OF BOARD OF GOVERNORS YEAR FOR THE 25TH ANNUAL MEETING OF THE ASIAN DEVELOPMENT BANK (ADB), A GOVERNMENT SPOKESMAN ANNOUNCED TODAY.

400 OFFICIAL DELEGATES FROM "THEY INCLUDE ABOUT

52 MEMBER DELEGATIONS, USUALLY HEADED BY THE FINANCE MINISTER OR THE GOVERNOR OF

OBSERVERS 1,000

AND GUESTS COMPRISING THE CENTRAL BANK, AND ABOUT SENIOR FIGURES FROM THE INTERNATIONAL BANKING COMMUNITY.

**IN

SOME ADDITION,

300 OVERSEAS

JOURNALISTS FINANCIAL

ARE

EXPECTED TO COVER THE MEETING, " HE SAID.

THIS IMPORTANT THE

SPOKESMAN POINTED OUT THAT THE HOSTING of

IMAGE MEETING BY HONG KONG PROVIDED A GOOD OPPORTUNITY TO PROMOTE ITS AS A THRIVING INTERNATIONAL FINANCIAL AND TRADING CENTRE.

"IT

GROUP

OF HIGH-

AS KONG,

THE PRESENTS ASIA,

MANY

WILL BE A GOOD OCCASION TO CONVEY TO A POWERED VISITORS FACE TO FACE THE MESSAGE THAT HONG GATEWAY

CHINA AND A KEY REGIONAL CENTRE IN TO LONG-TERM BUSINESS OPPORTUNITIES," HE SAID.

AT HELD

THE HONG KONG CONVENTION AND THE MEETING WILL BE EXHIBITION CENTRE FROM MAY 4 TO 6 NEXT YEAR. THE FINANCIAL AS GOVERNOR FOR HONG KONG AT THE ASIAN ELECTED CHAIRMAN OF THE BOARD OF GOVERNORS FOR CHAIRING THE ANNUAL MEETING IN HONG KONG.

SECRETARY, DEVELOPMENT BANK, HAS BEEN 1991/92 AND WILL BE

THE MEETING WILL BE OPENED BY THE GOVERNOR, SIR DAVID WILSON ON MAY 4 AND WILL INCLUDE THREE BUSINESS SESSIONS ON MAY 5 AND 6.

IN ADDITION TO THE BUSINESS SESSIONS, A "GOVERNMENT FORUM" FOR DEVELOPING MEMBER COUNTRIES WILL BE ORGANISED THE ADB AND THE GOVERNMENT IN THE AFTERNOON OF MAY 4.

SOCIAL PROGRAMMES INCLUDING A CULTURAL CRUISES AND

SIGHTSEEING TOURS WILL VARIOUS PARTICIPANTS AND THEIR ACCOMPANYING GUESTS.

BORROWER'S JOINTLY BY

PRESENTATION, HARBOUR

FOR ORGANISED

THE

BE

THE SPOKESMAN ADDED THAT A HONG KONG INFORMATION CENTRE WILL BE GIVE PARTICIPANTS SET UP AT THE CONVENTION AND EXHIBITION CENTRE TO THE LATEST INFORMATION ON HONG KONG'S ROLE AS A LEADING FINANCIAL BUSINESS CENTRE, AS WELL AS ITS INFRASTRUTURAL DEVELOPMENTS.

AND

FINANCIAL

TEAM

THE

A STEERING COMMITTEE, UNDER THE CHAIRMANSHIP OF THE SECRETARY, MR HAMISH MACLEOD, GUIDES THE PLANNING WORK. A SMALL WITHIN THE MONETARY AFFAIRS BRANCH HAS BEEN SET UP TO CO-ORDINATE DETAILED PREPARATORY WORK.

IS

AND PRESENTLY.

THE COST OF THE MEETING WILL BE SHARED BETWEEN GOVERNMENT

THE GOVERNMENT THE ADB. THE TOTAL COST TO BE BORNE BY ESTIMATED TO BE ABOUT $9.8 MILLION.

/THE ADB