23
FRIDAY, MAY 27, 1994
$5 MILLION APPROVED FOR SCIENCE PARK
COMMITTEE THE FINANCE MILLION
STUDY TO FOR A ESTABLISHED IN HONG KONG.
TODAY (FRIDAY) APPROVED FUNDS OF EXAMINE HOW A SCIENCE
COULD
$5
PARK
BE
THIS
AN FOLLOWS
EARLIER STUDY
BY COMMISSIONED
THE
PARK,
DIRECTOR-GENERAL OF INDUSTRY TO EXAMINE THE NEED FOR A SCIENCE TO FURTHER UPGRADE THE TECHNOLOGY OF HONG KONG'S INDUSTRIES.
THAT STUDY CONCLUDED THAT ADDITIONAL INFRASTRUCTURAL SUPPORT WAS REQUIRED TO PROMOTE TECHNOLOGICAL ADVANCEMENT IN ORDER TO MEET THE
INDUSTRY AND MANUFACTURING CHANGING
TO NEEDS OF THE HONG KONG MAINTAIN AND ENHANCE ITS COMPETITIVENESS.
SAID A SCIENCE A SPOKESMAN FOR THE INDUSTRY DEPARTMENT WOULD FOSTER TECHNOLOGY DEVELOPMENT AND TRANSFER BY PROVIDING A
BUSINESSES TECHNOLOGY-BASED FOR CO-OPERATION BETWEEN EDUCATION AND RESEARCH INSTITUTIONS.
THERE WAS KEEN
INTEREST
AND
PARK
FOCUS HIGHER
ON
THE PART OF
THE STUDY SHOWED INDUSTRY IN LOCATING THEIR BUSINESSES IN A SCIENCE PARK.
THAT A
STAFF, QUALIFIED FIRMS AND PROVIDE MORE
THE SPOKESMAN SAID.
"THE LOCAL AND OVERSEAS FIRMS WHICH WERE SURVEYED FELT SCIENCE PARK WOULD HELP IN THE RECRUITMENT OF
WITH CONTACT
HIGH-TECHNOLOGY FACILITATE APPROPRIATE ACCOMMODATION FOR THEIR OPERATIONS,
"A
SCIENCE PARK WOULD
ALSO
HELP то ESTABLISH HONG KONG'S
AS WELL INDUSTRIAL CENTRE, REPUTATION
AS AS A TECHNOLOGY-BASED ATTRACT TECHNOLOGY-BASED FOREIGN INVESTMENT IN HONG KONG,
++
HE ADDED.
STUDY IS
ΤΟ CONSIDER THE TIMING AND PHASING OF REQUIREMENTS SUCH AS THE
THE PURPOSE OF THE SECOND STAGE OF THE THE SIZE AND LOCATION OF THE SCIENCE PARK,
AND OTHER NECESSARY ITS ESTABLISHMENT OPERATIONAL, ADMINISTRATIVE AND FUNDING ARRANGEMENTS.
TRADE
STUDY, CONSULTATIONS WITH THE INDUSTRY AS PART OF THE ORGANISATIONS, HIGHER
EDUCATION
INSTITUTIONS
AND AND OTHER
INTERESTED BODIES WILL BE CARRIED OUT.
THE PROCESS FOR
SELECTING A
EXPECTED TO BE COMPLETED BY OCTOBER. ABOUT SIX MONTHS.
CONSULTANT FOR THE STUDY IS THE STUDY IS LIKELY ΤΟ TAKE
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