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15.
Secondly, as a result of the techno-economic studies
there is increasing recognition of the fact that the success
of end-product manufacturing represented chiefly by garments,
a wide range of electronic consumer goods, toys, watches
and clocks is highly dependent on the availability of
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the parts and components - the manufacture of which is represented
by spinning and weaving, the finishing, dyeing and printing
of yarns and fabrics, and the making of precision movement
parts and small mechanisms. The suggestion has been made
that more needs to be done to assist our supporting or linkage
industries. Accordingly planning is now under way in the
Industry Department to examine whether a part of the Yuen
Long Industrial Estate could be used for this purpose.
16.
Thirdly, the question of whether our manufacturing
industries are getting sufficient support from the lending
institutions has been a recurrent theme in previous debates
on industrial polices, and the subject has emerged yet again
on this occasion. I find it gratifying to see from recent
announcements a greater willingness on the part of several
banks to establish a more active industrial loan portfolio.
It is also encouraging to note that a working party set
up by the Hong Kong Association of Banks is assessing the
demand for venture capital as a source of investment funds
alternative to bank loans, examining how venture capital
operations might be facilitiated, and considering how such
/operations....
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