CONFIDENTIAL

3.

A British consortium of firms interested in this

project was formed in 1971. It consists of:

4.

GEC (lead company for equipment and rolling stock)

Richard Costain Ltd (lead company for civil engineering work and at present engaged in constructing the cross-harbour tunnel in Hong Kong)

Balfour, Beatty & Co Ltd

The Cementation Co Ltd

Mitchell Construction Kinnear Moodie Group Ltd

John Mowlem & Co Ltd

This consortium is represented in Hong Kong by Hutchinson International Ltd, whose Chairman is Sir Douglas Clague, a

nominated Unofficial Member of the Executive Council. The

main competition is expected to come from a Japanese consortium represented in Hong Kong by Jardine Matheson.

2

CONFIDENTIAL

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