CONFIDENTIAL
160127
MDLIAN 5446
WAS WEAK, BUT THE JUSTIFICATION WAS TO MAKE MACAU MORE INTERNATIONAL, AND A LESS EASY PLACE TO ABSORB INTO CHINA POST-
1999.
11. THE DIFFICULTIES OF THE LAST YEAR HAVE MADE FERREIRA CYNICAL BUT HE APPEARS REALISTIC ABOUT THE PROBLEMS AHEAD. ONCE THE RUNWAY AND PILING CONTRACTS ARE SIGNED, 70 PER CENT OF TOTAL EXPENDITURE WILL BE COMMITTED AND CANCELLATION CHARGES WILL INHIBIT ANY THOUGHT OF DRAWING BACK. FERREIRA LEFT THE STRONG IMPRESSION THAT HE EXPECTED THIS PROJECT WOULD BE SOURCE OF FRICTION BETWEEN MACAU AND CHINA FOR A LONG TIME AHEAD.
HEAP
YYYY
ΜΑΙΝ
63
LIMITED
FED
SED
COMED
DISTRIBUTION
64
NPDD
RAD
PS/LORD CAITHNESS
PS/PUS
MR MCLAREN
EAPD/ODA
ECONOMIC ADVISERS
MR WESTON
ERD
MR MILES
ESAU
ESED
HKD
MR BURNS
MR MANNING
MR GREENSTOCK
ADDITIONAL
1
GALLAHER, PEP DTI VIC ST
NNNN
3
PAGE CONFIDENTIAL