HOFO @33/29

123/24 1:0.51

НКА RECEIVED IN A

00 D O T

CO D CI

INDEX

GRS 110

CONFIDENTIAL

4 DEC1978

DESK OV

FM BTC HONG KONG 291035Z NOV 78

TO INMEDIATE DO T

RESTRY Action Taken

We were bored earlier than the Japane

bid was no altinctive

Reunical

political reasons.

Should we inlovene ?

J

halli for

Mr Thymper Путром

K124

CLE FILE COPY KIZY NO DISTRIBUTION |

TELEGRAM NUMBER CREDA 355 CF 29 NOVEMBER

AND TO IMMEDIATE DO I (FOR LIFPITT).

FOR ROYCE E D DIVISION.

DOT TOP + 2

Hkt SD

TRED

но,

49

YOUR CREDA 195: KCR.

I CANNOT COMMENT FURTHER. THE PROBLEM IS THAT WE ARE STILL HK DOLLARS 40 MILLION ABOVE THE JAPANESE BID AND THE FINANCE COMMITTEE HAVE TO BE CONVINCED THAT THE POLITICAL ARGUMENT JUSTIFIES THIS GAP.

2. SINCE TRANSMARK'S INABILITY TO POINT UP. THE ADVANTAGES OF THE METCAM BID AND THEIR FAILURE TO AMEND THE NORMAL HK GOVERNMENT TENDERING PROCEDURE HAS RESULTED IN THIS TRICKY EXERCISE BECOMING NECESSARY, IT SEEMS ONLY RIGHT THAT THEY. SHOULD BEAR THE BURDEN OF THIS ATTEMPT TO SAVE THE DAY FOR THE BRITISH MANUFACTURER.

3. THE DEADLINE IN MY CREDA 353 REMAINS.

MARCH

NNNN

Share This Page