XN000022-1993-11-02 — Page 4

TUESDAY, NOVEMBER 2, 1993

"ASIDE FROM

BUSINESS-FRIENDLY

TO

ATTRACTION

IS

ITS

ITS

POLICIES, ANOTHER KONG IS ABLE

OVERSEAS INVESTORS THAT HONG

TO OFFER STRATEGIC LOCATION IN THE ASIA-PACIFIC REGION, AND IN PARTICULAR, POSITIONING VIS-A-VIS CHINA, MISS YUR SAID.

+4

SHE SAID CHINA WAS PROBABLY THE LARGEST

OVERSEAS INVESTOR IN

HONG KONG, WITH AN INVESTMENT AMOUNTING TO SOME US$12 TO 20 BILLION.

CONVERSELY, SOME TWO-THIRDS

OF THE

OVERSEAS

CHINA WERE ROUTED THROUGH HONG KONG, SHE NOTED.

INVESTMENTS IN

KONG AND CHINA

THIS CLOSE ECONOMIC PARTNERSHIP BETWEEN HONG HAS BROUGHT HANDSOME BENEFITS TO BOTH ECONOMIC ENTITIES.

ECONOMIC FORCE BECAUSE "IT HAS ALSO CREATED A FORMIDABLE

OF SHE SAID. THE LOGICAL AND COMPLEMENTARY FIT BETWEEN THE TWO PARTNERS,

UNIQUELY

*+

PLACED TO HELP DO BUSINESS IN AND WITH THE SINGLE BIGGEST BCONOMIC

"I FIRMLY BELIEVE THAT HONG KONG IS THOSE FOREIGN INVESTORS WHO WOULD LIKE TO CHINA, TO TAKE PART IN WHAT IS PERHAPS TAKEOFF IN THIS CENTURY, SHE ADDED.

-

INDUSTRIAL SAFETY MEASURES IN THE PIPELINE

* * * * *

PROHIBIT YOUNG AND MECHANICAL

THE GOVERNMENT IS AMENDING LEGISLATION TO PERSONS UNDER 18 FROM OPERATING LIFTING APPLIANCES EQUIPMENT ON CONSTRUCTION SITES, THE SECRETARY FOR EDUCATION AND MANPOWER, MR MICHAEL LEUNG, SAID.

THEY ARE ALSO NOT ALLOWED TO ENGAGE IN OTHER TYPES OF WORK ON CONSTRUCTION SITES UNLESS THEY ARE UNDERGOING OR HAVE COMPLETED APPRENTICESHIP TRAINING OR TRAINING PROVIDED BY THE CONSTRUCTION INDUSTRY TRAINING AUTHORITY (CITA), HE ADDED.

SPEAKING AT THE COMPLETION CEREMONY OF CITA TODAY (TUESDAY), MR LEUNG TOLD THE GRADUATES THAT THE MASTERY OF SAFETY CONCEPT IMPORTANT FOR A CAREER IN THE CONSTRUCTION TRADE.

WAS

"THIS YEAR, WE HAVE WITNESSED SOME TRAGIC ACCIDENTS ON CONSTRUCTION SITES, HE SAID.

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MANY OF THESE ACCIDENTS WERE CAUSED BY THE CARELESS CULTURE OF THE WORKERS AND COULD BE AVOIDED, HE SAID.

TO PREVENT FURTHER TRAGEDIES FROM OCCURRING, THE GOVERNMENT HAS BEEN INTRODUCING LEGISLATION TO TIGHTEN UP THE CONTROL OVER THE SAFETY PRACTICE IN THE CONSTRUCTION INDUSTRY.

ALREADY IN FORCE IS THE FACTORIES AND INDUSTRIAL UNDERTAKINGS (LIFTING APPLIANCES AND LIFTING GEAR) (AMENDMENT} REGULATION WHICH IMPOSES STRINGENT REGULATORY MEASURE TO ENSURE THE SAFE USE OF LIFTING APPLIANCES AND LIFTING GEAR,

/ALSO IN