CYPHER/CAT A
IMMEDIATE HONG KONG
TELEGRAM NUMBER ( 447
DIATE
bat
in Hong Kong Best ADVANCE COPY. for Caster
TO FOREIGN OFFICE
DATED 28 SEPTEMBER 1967.
LAST
RCF,
67
Rt.
CONFIDENTIAL.
FOLLOWING FOR CARTER FROM COWPERTHWAITE.
FOLLOWING IS APPROXIMATE BREAKDOWN IN MILLION POUNDS :-
(1) MAIN CONTRACT 3.0
(2) CONSULTING ENGINEERS' FEES 1.1
(3) INTEREST ON CONTRACTOR'S FINANCE DURING CONSTRUCTION 0.9
(4) SPECIAL ROADWORKS REIMBURSABLE TO GOV RNMENT 0.75
(5) OTHER EXPENDITURE DURING CONSTRUCTION NOT IN MAIN CONTRACT 0.5
(6) CONTINGENCIES CADVISED BY CONSULTING ENGINEERS) 0.55
(7) INTEREST ON SHAREHOLDERS LOAN STOCK 0.7.
2. IF, AS TREASURY PROPOSE, SHAREHOLDERS' FUNDS ARE USED FIRST, THERE
WILL BE SOME SWITCH FROM (3) TO (7).
GOVERNOR
DESP.
RECD.
05122
05302
28 SEPTEMBER 1967.
28 SEPTEMBER 1967.
Cory passed Gist
б
Hankins (Freesy
Cotterill (ECGA