CONFIDENTIAL
Enclosure 1
Special Industry Land Grants and Industrial Estates
Grants by private treaty for special industrial purposes are normally only made with the approval of the Governor-in-Council, which has been given within a defined policy, the principles of which are :
2.
the industrial processes concerned should :
(i) be new to Hong Kong or represent
a technological upgrading to a significant degree of en existing industrial process;
(ii)
be at a generally higher level of technology than is current in Hong Kong's manufacturing industry;
(iii) provide employment opportunities
at a generally higher level of skill than currently obtains in Hong Kong industry, parti- cularly for male workers;
(iv) be land-intensive and unable to
be carried on in ordinary multi- storey industrial buildings;
be those which could not otherwise be established or developed in Hong Kong.
But since 1973 only 5 grants have been made
under this policy.
Grantee
Outboard Marine
Corporation Tan American Company)
Dow Chemical Pacific Limited (an Amercan Company)
Chemsyn Limited
a Hong Kong Company)
These grants are :
Site
Tsing Yi Island
Tsing Yi Island
Tsing Yi Island
Type of Industry
A plant to manufacture outboard marine engines.
A chemical processing plant for the manufac- ture of polystrene from imported liquid monomer.
A chemical plant to pro- duce chlorine, caustic soda, hydrogen and sodium hypochlorite, mainly for use by local industry.
CONFIDENTIAL
/Tai Tung
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