CONFIDENTIAL #Z
14
Tai Po Industrial Estate and 37% of the land in
the Yuen Long Industrial Estate was either
occupied or committed.
Feedback from Industry Department
28.
Some qualitative information on recent
trends in capital investment in the manufacturing industries was obtained by the Industry Department during regular factory
visits and from contacts with manufacturers.
The information, which is largely specific in nature and probably subjective, is summarised
below :
(i)
In view of sluggish overseas demand and, more recently, the increased uncertainties caused by the events in China, many local manufacturers were more cautious in making large-scale
investment in the second quarter.
Manufacturers in the plastics,
electronics and metal products industries appear to have been less affected than others by the events in
China, in terms of their investment
decisions.
(ii)
Manufacturers in the electronics industry continued to be willing to invest in machinery and equipment in order to enhance productivity and to improve quality, especially in producing electronic parts and
components.
G.F. 326
CONFIDENTIAL # 3
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