'IT IS THE FIRST OCCASION ON WHICH A HONG KONG DOLLAR LOAN HAS BEEN SUPPORTED BY AN OVERSEAS EXPORT CREDIT AUTHORITY.'
THIS DECISION IS QUITE SEPARATE FROM THE 150 CARS NEEDED FOR THE TSUEN WAN EXTENSION WHICH WILL BE SUBJECT TO INTERNATIONA TENDER WITH THE ORDER BEING PLACED IN EARLY 1979.
ENDS
2. IT IS POSSIBLE THAT NEWS WILL BE RELEASED TONIGHT. TIMING
DEPENDS ON RETURN HOME OF TONY SANSOME, CHAIRMAN, METRO-CAMMELL TO ENABLE HIM TO PREPARE MET-CAM PUBLICITY. SUCCESS IS LARGELY DUE TO FIRST CLASS CO-OPERATION FROM DEPARTMENT AND I AM MOST GRATEFUL TO ALL CONCERNED.
MARCH
EXCED DISTN.
COPIES TO:
PS/PUS
DOT
HK & GD
TRED
CRE 4
DOT
OPG
DOT
2