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One other possible Hong Kong project is worthy of mention, particularly as it would s ok to draw on substantial private capital and the China connection. This is the proposal for a regional satellite which Z might provide television and busine; g services along

the pattern evolved by British Acrospace, Marconi and BT in this country. In Hong Kong a partnership made up of Coble and Wireless, British Aerospace and other owner/usats ouch as the Hong Kong Shanghei Bank (who buvo aluray indicated their initial interest) would certainly strengthen Hong Kong's claim as the communications centre for the Far East as well as strengthening the U.K. space industry.

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I have obviously used a good deal of shorthand in this letter and I would only be too pleased to amplify any of the points raised. However, in view of the importance of a number of these Cable & Wireless, British Aerospace projects as they affect your Far Eastern tour, I hope you will not take exception to the provision of further detailed briefing material from

both Companies and the S.B.A.C. via the M.O.D. and D.of I.

The Rt. Hon. Margaret Thatcher P.C., M.P.,

Prime Minister,

10 Downing Street,

London S.W.1.

3.

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