UNCLASSIFIED

UNCLASSIFIED

FM PEKING

TO PRIORITY DTI INTRA

TELNO INTRA 63

OF 220842Z APRIL 92

AND TO PRIORITY F C O, BTC HONG KONG INFO ROUTINE SEOUL, TOKYO

DTI FOR HALL, HEAD OF PEP

FCO FOR HKD

80

117645

MDLIAN 0176

TOP COPY Q DIST?

HKA 182/3

81

Pa

BTC HONG KONG TELNOS INTRA 107 AND 108: HONG KONG AIRPORT: MAIN

BRIDGE CONTRACT

ROAD AND BRIDGE CORPORATION 'ONE OF THE TOP DESCRIBE THE BID AS ''SOME

1. CHINA DAILY ON 22 APRIL CARRIED AN ARTICLE ON PAGE TWO ABOUT THE BIDDING FOR THE TSING MA BRIDGE. THE ARTICLE QUOTES ZHU ZHENLIANG, PRESIDENT OF THE CHINA AND DESCRIBES THE SINO-KOREAN BID AS CANDIDATES''. THE ARTICLE GOES ON TO HK DOLLARS 2 BILLION LESS THAN THOSE PUT FORWARD BY THEIR RIVALS, MAINLY FROM JAPAN AND BRITAIN.''

2.

THE ARTICLE ALSO MENTIONS THE ADDITIONAL GUARANTEE THAT HYUNDAI HAS BEEN ASKED TO PROVIDE, WHICH ZHU DESCRIBES AS

I 'UNCOMMON'' AND ONE WHICH UNDERMINES THE COMPETITIVENESS OF THE BID.

COMMENT

3

ALTHOUGH ARTICLE IS BIASED IN THAT IT ONLY GIVES THE HYUNDAI SIDE OF STORY THERE IS NO COMMENT OR OVERT INDICATION THAT STRESSES THAT THE CONTRACT SHOULD BE AWARDED TO HYUNDAI. SO FAR WE HAVE SEEN NOTHING IN THE CHINESE LANGUAGE PRESS ON THIS SUBJECT. WE PRESUME THIS ARTICLE WAS PLACED BY HYUNDAI'S PR CONSULTANTS.

4.

WE ARE FAXING THE ARTICLE TO BTC HONG KONG.

MCLAREN

YYYY

1

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