CONFIDENTIAL
023432 MDLIAN 8864
IT WAS APPARENT HOWEVER THAT THIS GROUP REGARDED THEIR FINANCIAL PACKAGE AS STRONG: THEY TOO WERE VERY SCEPTICAL OF THE KOREAN ABILITY TO BUILD A BRIDGE OF THIS TYPE (AND QUOTED A LONG DELAY AT SINGAPORE'S NEW AIRPORT CAUSED BY HYUNDAI'S FAILURE TO COMPLETE THEIR WORK ON TIME) AND THOUGHT THAT THE JAPANESE MIGHT YET COME BACK WITH AN IMPROVED OFFER, OR FINANCIAL PROPOSALS THAT OTHERS COULD NOT MATCH. THEY ALSO SUGGESTED THAT ALL GROUPS WILL REQUIRE PRC GUARANTEES FOR WORK OR REPAYMENT GOING BEYOND 1997. THEY ALSO IMPLIED THAT THEIR OWN BID HAD BEEN SUBJECT TO SOME SIGNIFICANT QUALIFICATIONS SOME AT LEAST OF WHICH THEY REGARDED
AS STICKING POINTS.
HEAP
YYYY
ΜΑΙΝ
32
DISTRIBUTION
39
HONG KONG AIRPORT RESTRICTED
LIMITED
HKD
HD/PUSD
HD/FED
HD/NEWS D
HD/PLANNERS
PS
PS/LORD CAITHNESS
PS/PUS
SIR J COLES
MR BAYNE
MR BURNS
ADDITIONAL
7
SIR P CRADOCK (NO 10)
MS BROOKS LEGAL ADVISERS
MISS NEVILLE-JONES CAB OFFICE
MR S WIGHTMAN CABINET OFFICE
MR WYE RAD
HD/PEP DTI, VICTORIA ST HD/ECGD
NNNN