THE FMC
CONFIDENTIAL
Although KEC needed some explanation on the function of this company (one KEC member asked if it would not be better to
have both KEC and CLP oversee the construction as well as the operation and management), they eventually saw the need for this when Mr Stones dwelt on the advantages of separating a technical team from an organization of investors. Mr Chou told his colleagues that indeed China had similar organizations that assumed the name of "Technical Command Headquarters".
CHINESE DETERMINATION TO SEE THE PROJECT THROUGH
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Mr Chen said that the project had the sanction of his government, from the Central (Federal) to the provincial. If for
some reason CLP should withdraw from the venture, then KEC would go it alone, and initially instal only one reactor unit or two reduced twin units. They would sell their power to Macao: HEC.
ON HEC
Mr Chen said that although he had met Mr Peacock and HEC General Manager Chan, he knew little about the island company.
Yet if a HKNIC were formed, he would like to see HEC join.
POLITICAL SITUATION IN CHINA
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Mr Chen said he guessed one of CLP's worries could be the political situation in China, whether the current open-up policies
could be sustained if the present leaders should pass from the
scene. He assured the visitors that there would be a continuity
in Chinese policies and that political stability could be counted
Individuals might come and go, but policies would endure, he
on.
gaid.
Mr Collier & Dr Marshall
Mr Stones explained eloquently that although the two experts wore based in the UK, the part that they played in the current project was working under CLP banners, that they in no way represented the U.K. government. In reply, Mr Chen said they had always looked upon the two as related to the U.K. government by virtue of the upon the two as related to the U.K.
posts that they occupied in Britain.
CLP TO SEEK UK GOVERNMENT SUPPORT
Mr Chen said KEC would have no objection whatever to CLP getting UK government help. Rather, they would welcome and encourage such a development.
4
CONFIDENTIAL