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48825
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COSTAINS ARE SETTING ABOUT THING'S IN A METHODICAL WAY,
BUT THERE MUST BE DOUBTS ABOUT THEIR CAPACITY TO HANDLE SUCH
A MASSIVE PROJECT WITH SO MANY MAJOR HONG KONG PLAYERS INTERESTED
IN A SHARE OF THE ACTION. COSTAINS ARE UNDERSTANDABLY KEEPING
THEIR CARDS CLOSE TO THEIR CHEST WHICH MIGHT INHIBIT PARTICI-
PATION BY OTHER UK FIRMS WHO COULD MAKE A USEFUL CONTRIBUTION.
WHILE FOR OUR PART WE SEE ADVANTAGE IN A CONCERTED UK APPROACH
AND WILL USE OPF LEVERAGE TO BRING IT ABOUT, WE HOPE TOO THAT
THE HONG KONG GOVERNMENT WILL BE RECEPTIVE TO SUCH AN APPROACH
WHICH WOULD OBVIATE FOR THEM MUCH OF THE HASSLE OF CONFLICTING
BIDS AND ALLOW PROJECT TIME TO BE APPRECIABLY REDUCED.
HOWE
OCMIAN 8825
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