La
RECEIVED IN
REGN 73 Na 51
- 2 MAY 1975
421
28 April 1975
Mr Ben T Ford (Bradford North): To ask the Secretary of State for Foreign and Commonwealth Affairs, what stage has been reached in the consideration of a mass transit system for Hong Kong; and if he will make a statement upon proposals for financing this project.
No 137W
MR DAVID ENNALS
International tenders have been invited for an initial system of 9.9 miles. A final decision will be taken in September and will depend on the Hong Kong Government's view of the project's commercial viability. The Hong Kong Government would contribute HK3800 million, the rest being financed by export credits and on the open market.