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DEO WAS NOT BOGAADVANCED
RR FCO
GR 350
RESTRICTED
FM BTC HONG KONG 190935Z DEC 93
TO PRIORITY DTI
TELEGRAM HUMBER OTTER 268 OF 19 DECEMBER
INFO PEKING (FOR TOWLSON) FCO
FOR HENDERSON, PEP, FROM PERRY
SHENZHEN INTERNATIONAL AIRPORT (SIA)
MIPT
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Shenzhen ple
THE 20112
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FED
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FOLLOWING IS THE TEXT OF AN AGREEMENT SIGNED BY BAI, SEZDC AND SIAPCO ON 15 DECEMBER. THE VERSION BELOW GIVES THE ENGLISH TEXT, BUT NOTE THAT WORDS UNDERLINED WERE NOT INCLUDED IN THE CHINESE TEXT, AND WORDS IN BRACKETS WERE IN THE CHINESE NOT THE ENGLISH.
A. EXPLORATORY DISCUSSIONS (WERE HELD FROM 13 TO 15 DECEMBER 1993) BETWEEN BAI AND SEZDC AND SIAPCO.
B. THIS LETTER EXPRESSES THE SUBSTANTIAL INTEREST OF BAI IN EXPLORING WITH (NEXT 3 WORDS UNDERLINED) VARIOUS GOVERNMENTAL AND (THE BRITISH GOVERNMENT AND VARIOUS) FINANCIAL INSTITUTIONS A PROPOSAL (WHICH IS A PRELINIARY PLAN TO PREPARE) TO ESTABLISH A JV WITH SEZDC AND SIAPCO, IN RELATION TO THE PROPOSED SIA.
C.BAI SHOWED THEIR GREAT INTEREST IN COOPERATING WITH SEZDC AND SIAPCO IN THE CONSTRUCTION OF SIA AND ALSO EXPRESSED THEIR (NEXT WORD UNDERLINED) INTENTIONS (WILLINGNESS) TO COOPERATE WITH SEZDC AND SIAPCO IN JV.
D. (WHOLE PARAGRAPH UNDERLINED) BOTH PARTIES ACREE TO HAVE FURTHER TALKS SO AS TO DETERMINE SPECIFIC FORMS OF JV. THE BAI SIDE EXPRESSED THEIR HOPE TO COOPERATE WITH THE SEZDC AND THE SIAPCO SIDE IN AN ALL ROUND WAY, IE TO GO FROM THE FEASIBILITY STUDY ALL THE WAY DOWN TO THE COMPLETION OF THE AIRPORT, OR THEY MAY COOPERATE IN CERTAIN AREAS AS REQUIRED BY THE SEZDC AND THE STAPCO SIDE.
E. SEZDC AND SIAPCO EXPRESSED THEIR (INTEREST, GOOD FAITH) WELCOME AND APPRECIATION TO BAI FOR THEIR (NEXT 3 WORDS UNDERLINED) INTEREST IN AND WISH TO COOPERATE WITH US IN SOME FORM OF JY IN THE CONSTRUCTION OF THE SIA.
F. THIS LETTER FURTHER CONFIRMS THE INTEREST OF THE SEZDC AND THE SIAPCO FOR BAI TO SUBMIT PROPOSED JV TERMS IN RESPECT OF THE NEW INTERNATIONAL AIRPORT.
ADAMS
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