--2-
WE HAVE VARIOUS IDEAS AS TO HOW A BRITISH PACKAGE
MIGHT BE PUT TOGETHER AND WOULD LIKE TO DISCUSS THESE
WITH YOU TO DETERMINE THE MOST SUITABLE APPROACH
FROM HONG KONG'S POINT OF VIEW. AS AN INDICATION
OF OUR THINKING WE SET OUR BELOW A POSSIBLE BASIS
FOR THE SUPPLY OF THE POWER STATION:
1.
THE EQUIPMENT AND ENGINEERING SERVICES WOULD BE OFFERED
2.
3.
4.
ON A TURNKEY BASIS BY A U.K. COMPANY (ABC LIMITED) WHOSE
SHAREHOLDERS WOULD BE LEADING CONTRACTORS IN THE POWER
INDUSTRY AND APPROPRIATE BRITISH GOVERNMENT BODIES
SUCH AS THE NATIONAL ENTERPRISE BOARD AND THE CEGB.
ABC LIMITED WOULD WORK WITH AN APPROPRIATE HONG KONG
CIVIL CONTRACTOR WHO WOULD HANDLE THE LOCAL CONSTRUCTION
WORK.
THE BUYER WOULD BE A NEW HONG KONG COMPANY (XYZ
LIMITED) OF WHICH THE SHAREHOLDERS MIGHT BE CLP,
PEPCO AND ABC LIMITED.
ABC LIMITED WOULD ENTER INTO A NEGOTIATED CONTRACT
WITH XYZ LIMITED ON THE BASIS THAT THE PRICE OF THE
IMPORTED ELEMENT OF THE NEW POWER STATION WOULD BE ON
A PAR WITH OTHER BIDS ACCEPTED ELSEWHERE IN THE WORLD
FOR EQUIVALENT POWER STATIONS REGARDLESS OF THE
NATIONALITY OF THE CONTRACTORS INVOLVED. THE RECENT
PRIA
AWARD OF CONTRACTS OF THE ASSAN POWER STATION IN
SOUTH KOREA MIGHT WELL BE A SUITABLE BASIS FOR
DISCUSSION.
.../...