6
The Department has taken a close interest in the plan, as it represents probably the last major project opportunity in the colony before the transfer of sovereignty. We have made a grant of £150,000 available from the Overseas Projects Fund to Ove Arup, Costains, BAA and Slipform to part-fund a Feasibility Study, in recognition of the possible benefits to British exports of goods and services. Mr Wu has made much of this decision in Hong Kong.
7
Mr Wu's plans will also have to be judged alongside those being developed in the People's Republic, for example a planned new airport in Shenzen.
PEP1b
13 July 1987
999.80