TNAG-1051-FCO40-1301-China-s-economic-relationship-with-Hong-Kong-1982 — Page 103

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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3.

10.

Although Guangzhou Shipyard's project is the most advanced so far, a similar venture between Javelin of Hong Kong, R K Management Associates of Indiana, and the Guangzhou authorities is scheduled to start production at the end of the year. According to press reports, a third consortium involving "East-Asiatic China Merchants Steam Navigation" and American-owned Sea Containers was delayed late last year when the United States firm pulled out. "East-Asiatic" have apparently absorbed Sea Container's original share and the plant should be in limited production by the end of the year.

Opening of Zhou Shan Hotel complex

11.

The HK$50 million hotel complex at Zhang Shan hot springs in Zhuhai was formally opened on 28 December. Probably the most notable aspect of the opening of this joint enterprise between China and businessmen from Hong Kong and Macau was the relaxation of Macau-Zhuhai border formalities in an attempt to encourage visitors to attend the ceremony. As one leading press report has said, if immigration and customs procedures are kept as simple as those on 28 December, visitors from Hong Kong could easily make day trips to the resort. The continuation of such facilities have not been confirmed.

12.

Nevertheless, references to "simplified immigration procedures" between Hong Kong and Shenzhen continue to appear in the press despite explicit denials by the Hong Kong Government of any intention to change present procedures, For example, on 29 January the press reported Mr Guo Yejeng of the Shekou Special Industrial Zone saying that simpler immigration procedures for residents of Shekou were being arranged with the Hong Kong Government. He said that a special visa for visitors to the Zone, possibly issued by the Investment Department of China Merchants Steam Navigation, was also being discussed.

Yet more tourist facilities for Shenzhen

13.

On 27 January a Swiss development company signed an agreement with the Guangdong authorities to further develop tourist facilities at Shenzhen. The agreement between Bihag Brander's Southeast Asian subsidiary, United Swiss China Development (USCD) and the Shenzhen Special Economic Zone Development Company provides for the construction and management of a hotel, convention, recreation and housing, complex on a 3 sq. km. site just to the west of Shenzhen reservoir. Plans for the complex include conference facilities for up to 2,000 people, an 839 room hotel, three 8 to 12 storey office and shopping blocks, 400 houses, an artificial lake, tennis courts, swimming pool, boating and water sports facilities, an 18-hole golf course, amusement park and children's playground.

Political Adviser's Office,

31 January, 1981.

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