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$6.6m UK grant for Polytechrif...
A GRANT of £500,000 (HK$6,6 million) is to be made available by the British government to assist in the development of the Hongkong Polytechnic.
for
This was announced yesterday by the Parliamentary Under- Secretary of State Foreign and Common- wealth Affairs, Mr Anthony Royle, who is on a five-day visit to Hongkong.
Se Morning Post $6.6m gift for
Polytechnic
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14 NOV 1972 SCOP
The British Government will
• make a grant of £500,000 (HK$6.6 million) to assist development of the Hongkong Polytechnic.
This was announced yesterday by the Parliamentary Under-Secretary of State for Foreign and Commonwealth Affairs, Mr Anthony Royle.
"This grant is in addition to a further £400,000 (HK$5.3 million) which the Government has contributed to help finance construction of the new technical institutes, including £100,000 (HK$1.3 million) for the Morrision Hill Institute," he said.
The overall amount, totalling almost £1 million (HK$13.3 million), indicated the importance the British Government attached to the development of technical education and 10 the contribution it could make to industrial and social progress in the Colony, he said.
"Details of how the £500,000 will be spent will be worked out
with the Board of the Polytechnic."
Commenting on the announcement, the Governor, Sir Murray MacLehose, said he was delighted by the British Government's response and thanked Mr Royle for his efforts in making the grant possible.
"It clearly illustrates the interest and support shown by Britain for this vitally important subject," Sir Murray said.
The Chairman of the Polytechnic's Board of Governors, Dr S. Y. Chung, ' welcomed the "generous grant" and said: "This will help us educate our technical manpower, so greatly needed by our industries.
"At this stage of the, development of Hongkong industry we need all the help we can get in promoting high level education."
Dr Chung added: "I hope more industrialists will also contribute to this important project.'
Ife said the money is in addition to a further £400,000 (HK$5.3 million) which his government has made available to help finance the construction of the new technical institutes, including £100,000 (HK$1.3 million) for the Morrison Hill institute.
Mr Royle said the overall * amount, totalling nearly £1 million (HK$13.3 million), indicated the importance the British government attached to the development of technical education and to the constribution it can make to industrial and social progress in Hongkong..
"Details of how the £500,000 will be spent will be worked out with the board of the Polytechnic," he said.
Commenting On the atinouncement the Governor, Sir Murray MacLehose, said he was "delighted", by the response of the British government and thanked Mr Royle for his efforts in making the grant possible.
"It clearly illustrates the interest and support being shown by Britain for this vitally important subject," he added.
The Chairman of the Board of Governor of the Polytechnic, Dr S.Y. Chung, welcomed the “generous grant” and said "this will help us
educate
Our
technical
manpower, so greatly needed by our industries.
"At this stage of the development of Hongkong industry we need all the help we can get in promoting high level technical education," he added,
Dr Chung expressed the hope that more industrialists might also contribute to this important project.
HK. Standard
PA
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