CONFIDENTIAL

FM BTC HONG KONG

TO IMMEDIATE DTI

TELNO OTTER 232

OF 12085OZ DECEMBER 91

INFO IMMEDIATE TOKYO, SEOUL

DTI FOR HALL, HEAD OF PEP

172

CONFIDENTIAL

HKB 182/3

173

104022

MDHIAN 5944

TOP COPY Q DIST?

MY TELNO OTTER 230: HONG KONG AIRPORT PROJECT:

CONTRACT

MAIN BRIDGE

1. A SENIOR CONTACT IN ONE OF THE COMPANIES ASSOCIATED WITH THE GROUP LEAD BY BOUYGUES OF FRANCE CONFIRMS THAT THEY WILL BE SUBMITTING A BID FOR THE BRIDGE CONTRACT BUT THAT IT IS LIKELY TO BE QUITE HEAVILY QUALIFIED. MY INFORMANT SUGGESTED THAT HE

DOUBTED WHETHER ANY OF THE BIDS FOR THE BRIDGE WOULD BE UNQUALIFIED. HE SAID THAT THIS WAS LIKELY TO BE TRUE OF OTHER MAJOR CONTRACTS INCLUDING THAT FOR THE DESIGN OF THE AIRPORT TERMINAL (IN WHICH HIS COMPANY WAS ALSO INVOLVED) WHERE BIDS

CLOSE ON 20 DECEMBER.

2.

IT IS CLEAR THAT ALL THOSE ASSOCIATED WITH ALL ASPECTS OF THE PROJECT ARE WATCHING THOSE BIDS FOR THE BRIDGE CLOSELY. THEY WILL GIVE THE FIRST INDICATION OF WHETHER CONTRACTORS ARE PREPARED TO ACCEPT THE HKG TERMS, AND IF SO AT WHAT EXTRA COST, WHILE THE ACCOMPANYING FINANCIAL PROPOSALS WILL GIVE AN INDICATION OF WHAT FINANCIAL SUPPORT BOTH FROM GOVERNMENT AND FROM BANKS THERE IS FOR THE PROJECT.

HEAP

YYYY

ΜΑΙΝ

87

HONG KONG AIRPORT GENERAL

LIMITED

HKD

PUSD

ECONOMIC ADVISERS

DISTRIBUTION

98

RAD

PS

PS/LORD CAITHNESS

PS/MR LENNOX-BOYD PS/PUS

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CONFIDENTIAL

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