RESTRICTED
FM DTI
TO IMMEDIATE BTC HONG KONG
TELNO OTTER 365
OF 24160OZ DECEMBER 91
RESTRICTED
HKB 182/3
Pa
189
140470
MDHIAN 7448
FOR HEAP FROM DAY PEP2
SHAJIAO C POWER STATION: CHINA; YOUR OTTER 246
85
1. EXCELLENT NEWS. I UNDERSTAND FROM GECA THAT THE LETTER OF INTENT WAS INDEED SIGNED ON SAT. 21 DECEMBER. ALL VERY APPRECIATIVE OF YOUR STERLING SUPPORT.
2. THERE IS STILL A LONG WAY TO GO ON THE CONTRACT: NOT LEAST THE FORM OF THE FINANCIAL PACKAGE WILL NEED TO BE RESOLVED: IN PARTICULAR WHAT COUNTRY RISK THE PROJECT WILL BE. THE COMPANY WILL COME BACK TO US AND ECGD WHEN THE SITUATION IS CLEARER.
3. PETER LILLEY IS HAVING LUNCH WITH LORD PRIOR AND THE GEC BOARD ON 8 JANUARY 1992. BRIEFING HAS BEEN PREPARED BY BOTH ECGD AND OURSELVES ON THIS PROJECT.
YYYY
DISTRIBUTION
6
ΜΑΙΝ
NO DISTRIBUTION
MR HALL PEP/DTI
MR CASEY PEP2/DTI MR PENTECOST ECGD
JOINT DIRECTORATE HKD
ERD
NNNN
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