CONFIDENTIAL
127725
MDLIAN 5344
COMPLETION DATE AND FINANCE
4. PINTO ADMITTED THAT HKD6.5 BILLION AND MID 1995 WERE HIS PUBLIC AIMS, AND HKD8 BILLION AND END 1995 HIS PRIVATE AIMS. HE MODIFIED THIS LATER TO UNDER HKD10 BILLION. THIS WOULD REPRESENT AN OVER 40 PERCENT INCREASE ON THE 1991 FIGURE. THE BANK OF CHINA, MACAU, HAS BEEN AUTHORISED BY PEKING TO LOAN DIRECTLY TO CAM. AMOUNTS AND CONDITIONS HAVE STILL TO BE NEGOTIATED.
CONTRACTS TIMING
5. THE PROJECT MANAGEMENT CONTRACT WILL BE AWARDED AFTER THE RUNWAY DECISIONS HAVE BEEN TAKEN. PINTO NOW INDICATED THAT TAMS (USA) BUT ALSO WITH BOVIS INVOLVEMENT IN THE GROUP, MIGHT WIN. THE AIRPORT EQUIPMENT AND TERMINAL CONSTRUCTION CONTRACT WOULD BE STUDIED IN APRIL AND AWARDED EARLY MAY. CAM WOULD ALSO ANNOUNCE AND INSURANCE ADVISER AND A COMPANY TO RUN THE CONCESSIONS TENDERS, PROBABLY OUT ON 1 SEPTEMBER. CAM WOULD TAKE ADVICE FROM ITS FINANCIAL ADVISORY PANEL.
UK PERFORMANCE
6. GUIMARAES SAID PRIVATELY AFTER LUNCH THAT THE TERMINAL DESIGN WAS EXCELLENT AND THE REST OF THE WORK PERFECTLY ADEQUATE BUT THAT THE CURRENT BASL MANAGER, DAVID WILSON WAS NOT REALLY UP TO THE JOB, AND SEVERAL STAFF WERE CONTRACTED FROM OUTSIDE BASL FOR THIS PROJECT. THESE SEEMED RELATIVELY MINOR GROUSES. SAMUEL MONTAGUE HAD IRRITATED PINTO BY EXTREME CRITICISM OF HIS CURRENT PORTUGUESE/CHINESE INSURANCE ADVISERS ON PAPER: HE WOULD HAVE PREFERRED MORE TACT. BUT OVERALL THE INVOLVEMENT OF THE UK SO FAR HAS BEEN APPRECIATED.
JLG TALKS AND AIRLINE INTEREST
7. GUIMARAES EXPECTED THE CHINESE TO RESPOND TO THEIR AVIATION PAPER AT THE NEXT JLG ROUND (MARCH) IN LISBON. HE EXPECTED AN EXPERTS' SUB-GROUP ON AVIATION TO BE FORMED THEREAFTER. MEANWHILE THE CAA'S NEXT USA (AIRLINE) TALKS WERE ALSO IN MARCH. CURRENTLY INTEREST WAS BEING SHOWN BY LUFTHANSA (CARGO MAINLY), FEDERAL EXPRESS AND US PASSENGER AIRLINES. BOTH HE AND PINTO SAID THAT JARDINE AIRWAYS MIGHT BE AN APPROPRIATE GROUND HANDLING ORGANISATION.
AIR MACAU
8. GUIMARAES SAID AN ANNOUNCEMENT WOULD BE MADE LATER THIS YEAR. HE CONFIRMED THE PROPOSED AIRLINE WOULD HAVE REGIONAL AMBITIONS ONLY, AND PROBABLY LOOK TO LEASE B 737/AIRBUS AIRCRAFT. HE SAID
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