XN000022-1992-03-19 — Page 3

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THURSDAY, MARCH 19, 1992

**WE

ALSO PROMOTE THE TRANSFER OF TECHNOLOGY THROUGH, AN INVESTMENT PROGRAMME, HE SAID.

INWARD

HE SAID WITHIN THE GOVERNMENT, THE INDUSTRY DEPARTMENT WAS EXECUTIVE ARM.

THE

"THE DEPARTMENT HELPS TO ENSURE THAT INDUSTRY HAS ACCESS TO THE LAND, TRAINED MANPOWER, WATER, RAW MATERIALS AND OTHER RESOURCES WHICH INCLUDING IT NEEDS. IT PROVIDES A RANGE OF QUALITY SUPPORT SERVICES, THE HONG KONG STANDARDS AND CALIBRATION LABORATORY, WHICH HOLDS KONG'S OFFICIAL MEASUREMENT STANDARDS," HE SAID.

WORKING

ΤΟ

ENCOURAGE

IS ALSO IT COMPANIES TO SET UP OPERATIONS IN HONG KONG.

HIGH-TECHNOLOGY

"WE HAVE

INVESTMENT FOUND THAT THIS SORT OF SPIN-OFFS FOR MANUFACTURING AS A WHOLE," MR CHAU SAID.

HONG

OVERSEAS

HAS BENEFICIAL

HE SAID THE HONG KONG PRODUCTIVITY COUNCIL HELPED MANUFACTURERS TO FIND AFFORDABLE WAYS OF IMPROVING PRODUCTIVITY.

[

OUT OF A 'THE COUNCIL NOW HAS ABOUT 470 STAFF AND OPERATES

ITS BRAND NEW BUILDING IN KOWLOON TONG CONSTRUCTED SPECIALLY TO MEET NEEDS," HE SAID,

WE

INDUSTRIES

MOST

"THROUGH THE HONG

ESTATES CORPORATION, KONG INDUSTRIAL PROVIDE LAND ON SPECIAL INDUSTRIAL ESTATES FOR HIGH-TECH WHICH CANNOT PUNCTION IN THE MULTI-STOREY BUILDINGS WHICH HOUSE HONG KONG FACTORIES.

"WE

ARE CURRENTLY FORMING A THIRD INDUSTRIAL ESTATE AT KWAN O AT A DEVELOPMENT COST OF $900 MILLION.

TSEUNG

WHICH

**WE ARE CONSTRUCTING A NEW INDUSTRIAL TECHNOLOGY CENTRE WILL PROVIDE SPACE

TECHNOLOGY-BASED AND FACILITIES FOR FLEDGLING

FOR THE COMPANIES. FUNDS TOTALLING $438 MILLION HAVE BEEN APPROVED PROJECT," MR CHAU SAID.

ASIDE SET

FOR

MR CHAU SAID $200 MILLION HAD RECENTLY BEEN INVESTMENT IN WORTHWHILE INDUSTRIAL RESEARCH AND DEVELOPMENT PROJECTS. THE AIM WAS TO STIMULATE INNOVATION IN HONG KONG INDUSTRIES.

INVESTMENT OF PRODUCTIVITY,

"THESE ARE JUST SOME OF THE FACILITIES AND SERVICES WE OFFER IN IN THE INDUSTRIAL

LARGE-SCALE FIELD. THEY ADD UP TO A HELPING INDUSTRY IN HONG KONG TO TRADE UP IN TERMS QUALITY AND CREATIVITY.

"THE GOVERNMENT IS FULLY COMMITTED TO THIS AIM,

TURNING

HE STRESSED.

TO

CONSUMER PROTECTION, MR CHAU SAID TOOK A TWO-PRONGED APPROACH.

THE

GOVERNMENT

"THE FIRST IS IN GOVERNMENT PROVIDING THE 'HARDWARE', FORM OF LEGISLATION WHICH SETS DOWN THE GROUND RULES.

"THE

BASIC ARE ORDINANCES ON WEIGHTS MOST TRADE DESCRIPTIONS WHICH PREVENT CHEATING," HE SAID.

IN THE

AND MEASURES AND

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