CONFIDENTIAL
CONFIDENTIAL
FM HONG KONG
TO PRIORITY F CO
TELNO 1076
OF 151203Z APRIL 92
INFO PRIORITY UKREP JLG HONG KONG
41
42
105772 MDLIAN 9084
HKA 182/7
TOP COPY Q DIST?
Pa
16/4
YOUR TELNO 636: AIRPORT CORE PROJECTS
WE AGREE THAT WE OUGHT TO BE AS HELPFUL AS POSSIBLE. OUR TELNO 897 AND JLG TELNO 133 REFERRED TO THREE PAPERS
(A)
(B)
(C)
is
THE PAPER ON THE OVERALL AIRPORT CORE PROGRAMME (ACP) COST ESTIMATES:
EXCO MEMO XCC(92)57 ON THE AIRPORT FINANCING PACKAGE: AND
THE PAPER HANDED OVER TO THE CHINESE SIDE OF THE AIRPORT COMMITTEE ON THE POSSIBLE SCOPE OF THE AIRPORT AUTHORITY BILL.
ITEM (A) IS ALREADY PUBLIC: WE HAVE NO OBJECTION TO RELEASING IT TO THE ECGD.
2.
3.
THE CHINESE SIDE HAS RECENTLY AGREED TO OUR RELEASING DETAILS OF THE PROPOSED AIRPORT FINANCING PACKAGE (DESCRIBED IN THE TEXT OF ITEM (B) ABOVE) TO THE LEGCO AD HOC GROUP AND THE AIRPORT CONSULTATIVE COMMITTEE. THE ECONOMIC SERVICES BRANCH IS PREPARING A PAPER FOR PUBLICATION. WE SUGGEST PASSING ECGD THAT PAPER (RATHER THAN THE EXCO PAPER) WHEN IT IS AVAILABLE AFTER EASTER. ALL THE INFORMATION IN THE EXCO PAPER WILL BE COVERED IN THE PUBLIC DOCUMENT AND THIS WOULD AVOID PASSING OVER A DOCUMENT INTENDED FOR THE EXECUTIVE COUNCIL (THE HK EQUIVALENT OF A CABINET PAPER).
-
4.
WE HAVE SLIGHT RESERVATION HANDING OVER ITEM (C) ABOVE TO THE ECGD NOW. THE DRAFTING OF THE BILL IS STILL AT ANY EARLY STAGE AND SOME DRAFTING CHANGES ARE EXPECTED. TO AVOID CONFUSION, WE SUGGEST YOU EXPLAIN TO ECGD IN BROAD TERMS THAT THE AIRPORT AUTHORITY BILL WOULD BE MODELLED ON THE MTRC ORDINANCE IN ACCORDANCE WITH THE MOU. ONCE WE HAVE A GENERALLY AGREED DRAFT WE WILL SEND YOU A COPY TO PASS TO ECGD.
PAGE 1 CONFIDENTIAL
Page 135Page 136
WILSON
YYYY