15:0
14
elact
Kate,
a
Japanese Hetailer has purchased local retail chuin electronics and noma appliances System One" million.
consumer
$45.4
Zeck!
A US
↑ chain
12 chain of frozen yogurts, plans Apecialty
HX through licensing (HK Economia Times 90/3
Set
Looking
az angements
- ** French department store chain Galeries Lafayette L
for a Local partner to open a HK branch of the department
The August
1989
telecommunications
ope
cable TV franchise has been awarded 11 comaortium involving American US West and Codese sa of
SA Balcium in addition to local partners. About $5.5 Billion 111 сп will
3pent to build the cabl natwork end the system expected to be operational by 1991.
bo
isco 89/8)
Europe's second largest insurer, 11Union des Muurance do Paris, has been granted licence in HK.
A 5
G
A
་ fe insurer
Rabobank
New bank licences have recently been granted Nederland and Mishi-Nicoon Bank, the first two granted after June 1989.
The number of licensed banks in HK 166, of which 135 are foreign banks.
HOW
totals
1
1
REAL INVESTMENTS
Motorola
of
•
the US is building
et.
"Silicon Harbour" of
320,000 *
at Tai Po Industrial Estate to state-of-the-art semi-conductors, at cost US$100
due for completion in late 1990.
menu actu
million and (SCME :8/8)
GE Flastics, a subsidiary of the General Electric Co. of the US. Plans to build a thermoplastics compounding planc Yuen Long Industrial Estate.
(HK Standard 88/12)
US el ctronics manufacturer Molex has opened a $90
ion plant in She Tin to manufactura electronic conne tors.
new
Alpha Metals, the Far East headquarters of US Alpha Metals Inc. and a leading supplier of solder/soldering chemicals to the electronics industries in S.E. Asta, has opened $62.4 million plant in Yau Tong Bay to double its production capacity.
iSCHE 20/1
Inc.
Construction of a $60 million technical centre by Himent of the US at Tai Po Industrial Estate to manufacture polypropylene composites has been completed in March 1990.
SEP 9C 3
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