JUERMENT HOUSE HONG KONG.
WED 06 MAY 92 10:34
PG.06
-5-
CONFIDENTIAL
The
Overseas
Anglo-Japanese consortium comprises
Dorman
Long
Ltd., Costain Civil Engineering Ltd., and Mitsui &
Co. Ltd., with Gammon (HK) Ltd. providing very strong local
experience as
a principal sub-contractor. All of these
companies have
works in Hong
previously undertaken major construction
Kong and have strong connections with local
suppliers and Hong Kong's construction work-force.
Other important subcontractors named by the consortium
include companies with specialist backgrounds from China,
Korea, and France.
The Government decided in March not to accept financial
offers which the tenderers submitted with their prices.
Although good terms were offered, they were not better than
those available in the market. The Government believes that
more favourable financing terms will be available when bids
to take on the franchise for the Lantau Fixed Crossing are
invited after completion.