XN000022-1994-01-15 — Page 7

SATURDAY, JANUARY 15, 1994

MAXIMUM SUPPORT TO BUSINESS PLEDGED

FOR

MAXIMUM SUPPORT THE GOVERNMENT IS COMMITTED TO PROVIDING

IS MOST CONDUCIVE ΤΟ BUSINESSES AND UPKEEPING AN ENVIRONMENT WHICH MANUFACTURING UNDER THE PRINCIPLE OF MINIMUM INTERVENTION WITH NORMAL MARKET FUNCTIONING, THE DIRECTOR-GENERAL OF INDUSTRY, MISS DENISE YUE, SAID TODAY (SATURDAY).

SPEAKING AT THE

OPENING CEREMONY

THE OF

SHA 1993/94

TIN MISS YUE SAID THE INDUSTRIAL AND COMMERCIAL ENTERPRISES FESTIVAL,

PRODUCTIVITY COUNCIL AND OTHER INDUSTRY DEPARTMENT, THE HONG KONG

TO PUBLIC ORGANISATIONS HAD IN RECENT YEARS PROVIDED VARIOUS SERVICES

PRODUCTIVITY AND MANUFACTURERS TO HELP THEM IMPROVE QUALITY, UPGRADE IMPROVE DESIGN.

HAD GOVERNMENT

HELPED ALSO

MANUFACTURERS

то IDENTIFY

THE SOURCE AND APPLY NEW PRODUCTION AND PROCESS TECHNIQUES, SHE ADDED.

WAS EFFORTS SHE NOTED THAT ONE

THE GOVERNMENT'S OF ESTABLISHMENT OF THE HONG KONG INDUSTRIAL TECHNOLOGY CENTRE, WHICH EXPECTED TO BE FULLY OPERATIONAL BY THE MIDDLE OF THIS YEAR.

THE

IS

$250

THE MILLION, TECHNOLOGY-BASED FOR

CENTRE WILL PROVIDE BUSINESSES, PROMOTE THE AND PRODUCT DESIGN AND

BUILT AT A COST OF INCUBATOR'S SERVICE TRANSFER OF TECHNOLOGY, TECHNOLOGY RESEARCH DEVELOPMENT.

ΤΟ DEVELOP IN THE A

"TO ENABLE LOCAL MANUFACTURING INDUSTRIES DIRECTION OF HIGH VALUE-ADDED PRODUCTION, THE GOVERNMENT HAS SET UP

LAST YEAR TO EARLY

ENCOURAGE $200 MILLION

R&D FUND

IN

AND DEVELOPMENT TECHNOLOGICAL RESEARCH MANUFACTURERS TO INVEST THROUGH EQUITY PARTICIPATION OR LOAN PROVISION.

APPLIED

COUNCIL,

"MOREOVER, SUBJECT TO THE APPROVAL OF THE LEGISLATIVE THE GOVERNMENT WILL PROVIDE AN ADDITIONAL SUM OF $180 MILLION IN THE BENEFICIAL TO FINANCIAL YEAR 1994/95 TO SUBSIDISE PROJECTS WHICH ARE THE INDUSTRIAL DEVELOPMENT OF HONG KONG," MISS YUE SAID.

TRAINING,

MISS YUE SAID

FROM APART

EXPANDING

ON MANPOWER

AND TERTIARY EDUCATION PLACES TO INCREASE THE SUPPLY OF TECHNOLOGICAL MANAGEMENT TALENTS, THE GOVERNMENT ALSO PROVIDED TECHNICAL TRAINING

THE THROUGH INDUSTRIES REQUIRED BY THE -MANUFACTURING TRAINING COUNCIL AND OTHER INDUSTRY SUPPORT ORGANISATIONS.

VOCATIONAL

NEW

GRANTED A TOTAL OF $405 THE GOVERNMENT "IN 1992 AND 1993, THE MILLION FOR IMPLEMENTING THE EMPLOYEES RE-TRAINING SCHEME AND THE TECHNOLOGY TRAINING SCHEME.

"THESE TWO