GRS 150
CONFIDENTIAL
FM HONG KONG
TO PRIOPITY FCO
TELNO 2968
OF 200755Z DECEMBER 85
CONFIDENTIAL
Ms Water Bade
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YOU TELNO 1958 : FRANCHISES.
THE ONLY FRANCHISES EXTENDING BEYOND 30 JUNE 1997 ARE ALL
TRANSPORT RELATED AND ARE AS FOLLOWS:
(A) CROSS HARBOUR TUNNEL CO. LTD.
THE FRANCHISE TO OPERATE THE PRESENT TUNNEL EXPIRES ON 1
SEPTEMBER 1999
(B) ''STAR' FERRY CO. LTD.
THE FRANCHISE TO OPERATE CROSS HARBOUR PASSENGER FERRY SERVICES
EXPIRES ON 31 MARCH 1998:
(C) YAUMATI FERPY CO. LTD.
THE FRANCHISE TO OPERATE VEHICULAR/PASSENGER FERRY SERVICES
EXPIRES ON 31 MARCH 1999:
(D) PEAK TRAMWAYS CO. LTD.
AN APRANGEMENT IS PRESENTLY BEING CONSIDERED TO GIVE THE COMPANY
A FORM OF FRANCHISE FOR 20 YEARS, EXPIRING IN 2006.
YOUDE
LIMITED
CONFIDENTIAL
THIS TELEGRAM
WAS NOT ADVANCED
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