TNAG-1607-FCO40-22122-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 26

ידיו

Sir,

DRAFT SPEECH BY HON WONG PO YAN, OBE, JP

LEGISLATIVE COUNCIL

-

14.1.87

Adjournment Debate on Development

of Industry in Hong Kong

I have in the past put forward various proposals on the development of industry in Hong Kong during the annual policy debates and budget debates. I am glad to see that these proposal have all received positive consideration by the Government and that many of them have actually been implemented. I therefore welcome this adjournment debate which provides a further opportunity for me and my colleagues to put forward our proposals on developing our industry. shall concentrate on the development of high technology

industry.

2.

Today, I

As a

We all agree that higher technology is of vital importance to the further development of industry in Hong Kong. Research and development is one of the ways to acquire higher technology by our own effort. However, the cost of research and development projects is high and difficult to control and end results are not always quaranteed. result, we often have to look to other countries to fulfil our technological requirements. But by doing so we are faced with another difficulty as the cost of acquiring foreign technology may be equally prohibitive and secondly, the countries concerned may not be willing to share their technological achievements with us. Even so, our industrialists are still trying very hard arround the world to acquire such needed technology in order to remain competitive in the international

market.

Sir, the main point I am going to say today is that under such circumstances, we should not forget that a ready

3.