TNAG-2922-FCO40-4197-Visits-and-proposed-visits-by-Alastair-Goodlad--Minister-of--1993 — Page 77

*11/ -Qt?

Overseas Trade Services

Major Orders in Prospect

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UK companies have a continuing strong interest in major project business in Hong Kong (especially the £10 bn Port and Airport Development Project.

Hong Kong Economy

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Hong Kong economy grew by 3.9% in 1991 and by 5% in 1992. Estimated 5.5% growth in 1993.

Hong Kong is 10th largest trader in the world. Re-exports now account for over two-thirds of total exports, China being the largest market for,

as well as source of, Hong Kong's re-exports (31% and 58% respectively of total for 1992).

May 1993

K38WED.83

2

dti

the department for Enterprise