TNAG-1361-FCO40-1807-Hong-Kong-Hansard-reports-and-minutes-of-the-meetings-of-the-1985 — Page 85

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co-ordinating function in enhancing foreign investment.

I am

in no way saying that civil servants are incapable, I am merely asking if we can do better in attracting more foreign investment into Hong Kong? I am grateful to the Director of

to discuss this Industry who took the initiative of asking me. with him concerning what Government is currently doing in this area, shortly after this debate.

Sir, there are obviously other areas concerning our industrial development. For instance, I brought up the concept of establishing a border industrial zone in the earlier debate. Sir S Y CHUNG, a well-respected figure in the industrial circle also voiced his preliminary thoughts on this subject. I will not elaborate further since all I am asking for from the Government is not to close the door in a negative fashion. There are pros and cons of a border industrial zone, perhaps a study team could be set up to investigate the implications.

The

Sir, I would like to conclude by saying that our economy is basically sound but it needs refinement. subjects I spoke on today is the fine tuning that is necessary to further develop our industry. Like everyone else in our community, I care about education, social services and programmes, transportation, housing, etc, but we must set our priorities correctly. The priority must be within the sphere of further strengthening our competitiveness in the export of goods so that our people may continue to enjoy the high

Therefore, we must standard of living that they deserve. strive vigourously towards our industrial development and maintain the momentum which has carried us this far for a brighter and prosperous future.

With these remarks, I support the motion.