A blue-ribbon panel of business, education, labor and government leaders was appointed this week by the California Council on Science and Technology to implement a major initiative to establish California as a world leader in advanced transportation and telecommunications systems by the year 2000. Called Project California, the initiative is expected to bring much-needed jobs and economic growth to the state, according to UC Davis Chancellor Theodore L. Hullar, chair of the California Council on Science and Technology and panel member. "Project California aims to combine the best of our state's research and development talent with our progressive industrial and business sense to forge 21st-century transportation systems and technologies, one of the most important needs for our state's infrastructure and a major opportunity for international technology and manufacturing leadership by California," he says. Project California panel chair is Roy A. Anderson, chair emeritus of Lockheed Corp.