CONFIDENTIAL
FM FCO
TO IMMEDIATE HONG KONG
TELNO 2255
CONFIDENTIAL
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PERSONAL FOR GOVERNOR FROM PAUL, HKD
YOUR TELNO 3508: PADS: PROSPECTS FOR BRITISH FIRMS
1. THE PHRASE 'BRUISED FEELINGS' WAS OF COURSE MY OWN. SIMPLY REFERRING TO THE DISAPPOINTMENT FELT BY THE UNSUCCESSFUL BRITISH COMPANIES AND BY DTI OFFICIALS WHO HAD BEEN WORKING IN SUPPORT OF THEIR BIDS. YOU MAY RECALL THAT MR MAUDE RAISED THE MORGAN STANLEY CONTRACT WITH YOU WHEN YOU CALLED ON HIM IN LONDON ON 27 JUNE. THE CONTRACT FOR THE OVERALL FINANCIAL MANAGEMENT OF THE PROJECT WAS ONE WHICH IT WAS FELT HERE THAT BRITISH COMPANIES WERE PARTICULARLY WELL PLACED TO WIN.
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