TOP COPY

CONFIDENTIAL

126

CYPHER/CAT A

IMMEDIATE FOREIGN AND COMMONWEALTH OFFICE

Το

HONG KONG

TELEGRAM NUMBER 282

1 MAY 1969

(HKK 21/4)

CONFIDENTIAL

THE FOLLOWING PARLIAMENTARY QUESTION HAS BEEN ASKED BY HUMPHREY

ATKINS, FOR ORAL ANSWER ON 5 MAY.

2. QUOTE TO ASK THE SOSFCA WHAT PROGRESS HAS BEEN MADE BY THE

HONG KONG GOVERNMENT WITH THEIR PLANS FOR THE CONSTRUCTION OF A

TUNNEL BETWEEN HONG KONG AND THE MAINLAND. UNQUOTE

3. WE HAVE PROPOSED THE FOLLOWING ANSWER QUOTE THE HONG KONG

GOVERNMENT ARE PROSPECTIVE SHAREHOLDERS IN A LIMITED COMPANY KNOWN

AS THE CROSS HARBOUR TUNNEL COMPANY, TO WHICH THEY HAVE AWARDED A FRANCHISE FOR THE CONSTRUCTIONS OF A TUNNEL BETWEEN HONG KONG ISLAND AND THE MAINLAND. THAT COMPANY HAVING RECENTLY REACHED AGREEMENT IN PRINCIPLE WITH LLOYDS BANK ON THE PROVISION OF LOAN

FINANCE ARE NOW PROCEEDING TO DETAILED NEGOTIATIONS WITH A CONSORTIUM LED BY COSTAIN CIVIL ENGINEERING LTD, AND HOPE THAT THE CONTRACT WILL BE SIGNED THIS MONTH. UNQUOTE

GRATEFUL FOR YOUR COMMENTS AND VIEWS BY 1000 HRS FRIDAY

2 MAY

STEWART

DEPARTMENTAL DISTRIBUTION

HONG KONG DEPT.

FAR LASTERN DEPT.

F.P. & A.D.

EXPORT PROMOTION DEPT. NEWS DEPT.

LAST

REF

125

XXXXX

CONFIDENTIAL

PA

Mur

815

+

Share This Page