purposes and as such Developer/Joint Ventures are not
advantageous to HK Development companies for the Colvin House
site. There never was a "do nothing" option given (i) the
Vraneper of
changeover in sovereignty, (ii) the political decision to use
the form of the UK's representation in Hong Kong post 1997 to
demonstrate our continued confidence in and commitment to Hong
Kong and (iii) the practical need to enlarge on the present
British Trade Commission accommodation as we take on extra
functions
+
notably immigration passport and consular work
from the Hong Kong Government. The summary below) of the
build and leasing optins serves to demonstrate pretty
conclusively that building is much the more economical
solution.
-
Effices all
Build new Consulate-General
bunkons
Build new British Council and British Councel and
vic stalls, blah Build 7 times Residential
Units
offices
NPV ₤34,260942 Appendix A
NEV
Appendix Be
Nev
Appendix c
Lease new Consulate-General NPV
one British Council) NEV
stiff flats
and 7 times Residential
Units-
NPV
PCAS3.784
RESTRICTED
75, 781,447 Apferdin B