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International Kadle pohy mugleatus
$2m.
themselves to be well placed to advise the Chinese on this.
They will be helped to swing interest towards UK supplies if
these are being used in Hong Kong. The general argument
about industrial development links of course to world trade
Success in one place should pave the way to
opportunity.
success elsewhere and immediately help in establishing Metro
Cam's claims in relation to the next stage of the mass transit
scheme.
Politically and having regard to the general development of
trade and relations with China, there is obvious advantage in
having Hong Kong's needs supplied from UK sources rather eg
than Japanese sources. Departments believe that the national
interest would be substantially furthered could this contract
be swung to Metro Cam. They would therefore like to be able
to tell the Governor of Hong Kong that if the Government
were prepared on political grounds to favour Metro Cam then
the Metro Cam price could be brought down approximately
to the level of the German/Swiss/French consortium.
We have so far found the following possibilities for reducing
the bid:-
£1m fromMetro Cam and the sub-contractors provided
by reducing allocations for profit and contingencies;
£.6m by reducing from 3% to 1% the losses by exchange
between tender and contract date which ECGD oblige
firms to carry under their tender to contract policies;
for development work relating to the cathet £1m by bringing forward schemes under Dol powers which
to be provide ward
OFF FO have been under consideration with the Laird Group as
a whole.
whole.]
ander
This leaves £4m to be found
~.
* Transport
via handen Trans
possibly
?
DOST 10.7m