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The Rt. Hon. Peter Lilley MP
Secretary of State for Trade and Industry
Stephen Wall Esq
Private Secretary to the
Prime Minister
10 Downing Street LONDON
SW1A 2AA
24 June
24 June 1991
HUD &PS
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PS/Lord Guthnes
Si J. Coles
Mr Beamish
HIKE 182 13. GRA
Dear Lola M Перва
N Byda
24/6
HONG KONG : INVOLVEMENT IN AIRPORT FUNDING
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Department of Trade and Industry
1-19 Victoria Street London SW1H (ET
Direct Line 071-215 4440
DTI Enquiries 071-215 5000
A'
The Secretary of State has seen both Simon Gass's letter of 31 May and Jeremy Heywood's letter of 6 June on the Hong Kong airport project.
He agrees that the airport can hardly be regarded as a candidate for ATP funding. On the question of ECGD cover, Secretary of State considers that the size, nature and importance of the project to the future confidence and prosperity of Hong Kong means that in due course the project will have to be looked at exceptionally. Meanwhile he agrees with the Foreign Secretary that there is little point in addressing the issue prematurely, particularly when prospects are somewhat clouded by the continuing difficulties with the PRC.
I am copying this letter to Simon Gass (FCO), Jeremy Heywood (Treasury), Suma Chakrabarti (ODA) and Sonia Phippard (Cabinet Office).
yours
STEPHEN SPEED Private Secretary
JW6252
dti
the department for Enterprise
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