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FM DTI

TO ROUTINE BTC HONG KONG

TELNO OTTER 312

OF 16103OZ OCTOBER 91

INFO ROUTINE PEKING

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Figress 1991

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FOR HEAP FROM ADAMS, HD OF PEP

MY OTTER 259

GORDON WU AND PROJECTS: HONG KONG

WHEN I SAW BRIAN RONAN, MD OF METCAM, ON 3 OCTOBER I TACKLED HIM ON HIS CONCERN OVER POLITICAL RISK BEYOND 1997 RAISED WITH YOU IN SEPTEMBER (YOUR OTTER 155). I SAID THAT GEC ALSTHOM WERE TAKING A VERY POSITIVE AND CONFIDENT VIEW OF THE POST-1997 PERIOD IN RELATION TO BLACK POINT. WHY WAS HE FUSSING?

2. RONAN SAID THAT HE WAS CONCERNED ABOUT THE BUYER RISK. THE HONG KONG MTR WAS A GOVERNMENT-OWNED INSTITUTION AND THE CONTRACTUAL DIVISION AT STANHOPE GATE WERE ASKING WHETHER IT WOULD CONTINUE TO EXIST AFTER 1997. I SAID THAT WHILE ONE HAD CLEARLY TO ESTABLISH THE PRECISE POSITION IN DUE COURSE I WAS ENTIRELY CONFIDENT THAT SATISFACTORY ARRANGEMENTS WERE BEING MADE., YOU WILL DOUBTLESS WISH TO DISCUSS THIS WITH RONAN WHEN HE IS IN · HONG KONG AT THE END OF OCTOBER. I WOULD BE INTERESTED TO KNOW HOW THIS ISSUE IS BEING HANDLED BY THE HONG KONG GOVERNMENT.

MITSUBISHI,

3. ON THE AIRPORT RAILWAY RONAN SAID THAT THEY WERE VERY CONCERNED ABOUT JAPANESE COMPETITION. HITACHI AND TOSHIBA WERE THE MAIN COMPETITORS AND VERY KEEN. THE DESIGN WOULD BE A NEW ONE SO THAT METCAM WOULD LOSE SOME OF ITS COMPETITIVE EDGE AS THE EXISTING SUPPLIER. HOWEVER SOME SPARES AND MAINTENANCE WOULD BE COMMON. HE ADDED FOR GOOD MEASURE THAT METCAM SAW THEMSELVES AS FULLY COMPETITIVE AND THE JAPANESE AS RELATIVELY EXPENSIVE PROVIDED THEY DID NOT ARTIFICIALLY CUT THEIR PRICE TO SECURE A FOOTHOLD IN HONG KONG.

The MTR?

MTRC

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