{
COMMERCIAL IN CONFIDENCE
OTHER MAJOR COMMERCIAL PROJECTS : ESSENTIAL FACTS
1. UK exports to Hong Kong worth £560 million in 1980. Major
areas of future UK interest:
MASS TRANSIT RAILWAY (MTR) ISLAND EXTENSION
2.
Secretary of State will travel on MTR during his visit.
UK firms involved in tunnelling
Initial stages finished in 1980.
and supply of rolling stock and other equipment; total contract
worth over £290 million for the main network.
1
3. In December 1980, decision was taken to build MTR extension
on Hong Kong Island by 1986. UK firms well placed to win
further orders.
KOWLOON MOTOR BUS COMPANY (KMB).
40
.
KMB is undertaking programme of expansion and modernisation.
BL won
£20 million order in 1980. Possibility of further orders
in 1981 and 1982 (still subject to confirmation). There will be
further opportunities for orders from the second major bus company
China Motorbus Company (CMB) later in the year. Under a clause
in the Public Omnibus Services Ordinance, new buses must be of
Commonwealth manufacture. This effectively gives UK firms a
monopoly of all new orders.
REPLACEMENT AIRPORT FOR KAI TAK
5.
Kai Tak airport will become saturated and need replacement
by 1990. US firm, Parsons Overseas (with whom the UK Civil
Aviation Authority is associated), recently won consultancy
contract against British bid for master planning study. Final
decision on airport due in 1982. If replacement is built, there
will be many opportunities for British firms.
COMMERCIAL IN CONFIDENCE
/LANTAU