- I congratulate the consortium.
I hope other British
concerns are successful. And they have every chance, if
they are competitive.
WHAT ECGD COVER WILL BE AVAILABLE FOR BRITISH FIRMS?
- Cover for medium and long term credit business is
available within ECGD's normal market and budgetary
constraints.
-
Support for large individual cases requires special
consideration.
PROJECT TOO EXPENSIVE
-
Must also
Hong Kong's reserves in a very healthy state.
remember considerable accumulations in the Land Fund, which
will be handed over to the SARG in 1997.
- For such a large project any Government would need to borrow or use reserves prudently built up for such purposes.
SISADR/6