XAHKN36
RECEIVE
Ни
KN 363 1/1.
Samage. 8/17/6
CONFIDENTIAL
لمة 31/1
20 JUN 1990
DESY O
INDEX
PM/90/037
:
PRIME MINISTER
ce
PS/Mr Miuide Psliad Brabazon
PUSD (CN) PSIPOS
Hcl Security
на CRO
Ha POD на
Mr Fifoot- Legal
Adusels
SAK
istle
Mr McLovel
Chust Clerk
•Mr Blatheruuk
Mr MOSS
My Bums
m
Ita OEA Migle на сев Ha MVD Ha RMD HO FED
Future British Consulate-General in Hona Kona
1.
During your meeting with the Governor of Hong Kong in February 1989, you agreed that it was important for future confidence in Hong Kong that Britain should be seen to acquire a substantial building on a prestigious site for its official representation. You recognised that this would inevitably be expensive but that the costs would have to be borne.
2. We have conducted extensive and robust negotiations with the Hong Kong Government, with the aim of achieving
our agreed objectives. We have now made substantial
progress.
3. As you know, HMG own no property in Hong Kong. had to acquire land and construct a suitable building at full market prices, the cost would be well over £40 million at current prices.
If we
4.
Accordingly we have pressed Hong Kong to give us markedly preferential terms, in the form of a free grant of land. A few months' ago, it would have been very difficult to persuade Exco to accept this. The Governor now recommends that we should take advantage of the
CONFIDENTIAL