SECRET

Mr. Foggon's conditions and says that he will give his decision

on a submission from the department which he awaits.

(The submission will be made after further consultation with

Mr. Foggon).

(iii) Kai Tak Airport: this has been briefly discussed with the

Governor and it has been explained to him that although ministerial intervention is proposed we do not hold any high hopes that it will be successful in obtaining either the financial facilities sought or any other form of largely token

assistance towards the projecte A submissi on is nearing completion in which the recommendation will be that

Lord Shepherd writes in fairly forthright terms to his

colleagues in the Treasury, ODM and Board of Trade.

If the Governor should raise the point about assistance

with "contractor finance", we will of course do all that we can to secure ECGD assistance and backing for any loan finance

needed in connection with British contracts.

Hong Kong Department

26 November, 1969

(W. S. Carter)

Copy to:

Mr. Wilford

without

Sir L. Monson

enclosure

SECRET

Share This Page