RESTRICTED
47
005527
MDLIAN 7548
RESTRICTED
FM BTC HONG KONG
TO ROUTINE DTI
TELNO OTTER 60
OF 201428Z MARCH 91
AND TO ROUTINE F CO
ние 182 13
RECEIVED IN
2 5 MAR 1991
LESK
MONDON
INFO ROUTINE PEKING, TOKYO, ECGO LONDON
44
TOP COPY Q DIST?
Pa
FOR ADAMS, HEAD OF PEP
MY TELNO 91: HONG KONG AIRPORT PROJECT
1. WIMPEY HAVE NOW TAKEN THEIR PLANS TO COMPETE FOR THE AIRPORT PLATFORM CONTRACT A STAGE FURTHER. ALAN FORREST, THEIR LONDON BASED DIRECTOR CONCERNED, HAS JUST COMPLETED NEGOTIATIONS IN HONG KONG WITH NISHIMATSU AND MORRISON KNUDSON. THEIR AGREED PROPOSAL WILL NOW BE PUT TO THE MAIN BOARDS OF EACH COMPANY. HE DESCRIBED THE ALLIANCE AS AN INTEGRATED JOINT VENTURE. NISHIMATSU WANTED A CONSORTIUM BUT NEITHER WIMPEY NOR MORRISON KNUDSON WANTED THIS. THE THREE COMPANIES APPRECIATE THAT THEY WILL NEED A MAJOR DREDGING COMPANY WITH THEM, AND ARE TALKING TO SEVERAL, BUT HAVE NOT YET DECIDED WHETHER THEY SHOULD BE PART OF THE JOINT VENTURE OR SUB-CONTRACTORS.
2. FOR THE REASONS GIVEN IN MY TUR AND EARLIER REPORTING, I BELIEVE WIMPEY'S INVOLVEMENT IS A WELCOME DEVELOPMENT. DESPITE OUR SUPPORT FOR TRAFALGAR HOUSE/COSTAIN I HOPE WE CAN ALSO GIVE FULL ENCOURAGEMENT TO WIMPEY. I HAVE GIVEN THEM CONSIDERABLE HELP HERE.
HEAP
YYYY
ΜΑΙΝ
33
LIMITED
HKD
FED
ERD
DISTRIBUTION
35
ESAU
COMED
MR MILES
MR BURNS
PAGE
1
ADDITIONAL
2
RESTRICTED
PEP, DTI ECGD
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