TNAG-2016-FCO40-2871-Relations-between-Hong-Kong-and-Japan-1990 — Page 65

90/10/23

16:43

BRITISH EMBASSY TOKYO

/ )

Washington Biolab Inc. is planning to set up a laboratory in IIK to manufacture a compound that helps treat AIDS.

(HK Standard 90/5)

existing

facilities

Tai

new Po

Daido Concrete plans to invest $80 million to build

its

#t to adjacent plant Industrial Estate to produce steal-concrete composite piles.

Kity ry

J

}

P

invest $33 million in

a wholly

owned HK disk drives (SCM) $8/71

air

subsidiary to manufacture personal computers,

NEC plans

and printers

and

with Local Lambde Magnetics Ltd. has entered into agreement

t Co. of Japan Co.

Tokyo Material Kobe Kosan

shells manufacture 3.5-inch plastic micro floppy disc blank

(HK Standard 89/7) and plastic video cassette housings.

Industry

at Yuen Long

Pacific Tube Corp., subsidiary of Daiwa Steel Tube

Japan, has opened a $7.5 million plent Industrial Estate for manufacturing galvanised steal tubing.

of

The

1

(SOMP 29/11)

manufacturer Olympus

HK subsidiary of Japanese camera Optical Co. is investing $30 million to develop a production plant in HK.

Italian-based Ferruzza-Montedison

yecup plank :

.1

polystyrene plant at Yuen Long Industrial Estate.

3)

0 0/1 2!

Nissin Noodles of Japan has purchased Producte Ltd for $234 million,

local Winne.

(HK Economic Times 89/3)

T

M

listed company kyoge was purci.cato e Bu Japanese Tocel Teletronic Industries.

(HK Economic Journal 89/8)

**

-

U$ high-technology

firm Vitelic Corp. M private Company whose shareholders include Sony, Western Digital' and Mitsui, has acquired

local semiconductor

Blesuzonice.

Singaporea-based

manufacturer

Eicep (RCMP 90/3)

operation

CMB Packaging (Asia-Pacific) and mētā. Sincepere have brought HK's third largest canning

Yes Can Co. for $79 million.

Located at Yuen Long

** Lubrico is investing over $60 million in speping the

cil refining plant in HK this June. Industxila Estate, the plant will treat used lubricating oil (HK Economic Times 90/5) sourced locally.

Swixe Bottlers is investing $500 million on the constructi of an 18-storey plant in Shatin, due to be completed in mid- HK Reonomic Journal 59/12) 1990.

1

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