TNAG-2016-FCO40-2871-Relations-between-Hong-Kong-and-Japan-1990 — Page 75

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

90.10. 20

16:45

BRITISH EMBASSY TOKYO

Dai-ichi Katei,

major Japanese retailer!

14

consumer

consumQZ

of

One

for

1 tronics, has purchased local retail chuin slectronics and home appliances "System

$45.4

(T/OS CRDS)

Zackla, a US retail chain of frozen yogurts, plans to set up a chain of specialty 2 Cozes in HX through licensing (HK Economia Times 9073)

.ncements.

** French department store chain Galeries Lafayette is looking for a local partner to open a K branch of the department (SCMB 90/41

*

The first local cable TV franchise has bech awarded in August 1989

A consortium involving American telecommunications operator US West and Coditel SA O Belgium in addition to local partners. About $5.5 billion will be spent to build the cable network end the system is expected to be operational by 1991.

¡ (SCM: 89/8)

* Europe's Bacond largest insurer, 1'Union dea Assurance de

Paris, has been granted licence to operate As

a life insurer in HK.

New bank licences have recently bean granted to Rabobank Nederland and Nishi-Nippon Bank, the first two granted after June 1989. The number of licensed banks in HK How totals 166, of which 135 are foreign banks.

#yrs

ठ)

E

INDUSTRIAL INVESTMENTS

of

the US is building

1

1

1

}

D

"silicon Harbour"

Motorola 330.000 *.

at Tai Po Industrial Estate to menufa state-of-the-art semi-conductors, at cost US$100 million and due for completion in late 1990.

(5CXF &3/8)

GD Plastics, a subsidiary of the General Electric Co. of the US. plans to build a thermoplastics compounding planc ac

Yuen Long Industrial Estate.

US

(HK Standard 88/12)

electronics manufacturer Molex has opened a $90 plant in Sha Tin to manufacture electronic

Alpha Metals

milliot

connectors

Metals

the Far East headquarters of US Alpha Inc. and a leading Aupplier of solder/soldering chemicals to the electronics industries in S.E. Asta, has opened $62.4 million plant in Yau Tong Bay to double dte production capacity.

Construction

to

by

Himons manufacture

a $60 million technical centre of of the US at Ta: Po Industrial Estate polypropylene composites has been completed in March 1990.

Inc.

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90.10 23

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