XN000022-1972-07-24 — Page 1

P.R.H. 7 (REVHED) 4000091

HONG KONG GOVERNMENT INFORMATION

DAILY

INFORMATION

SERVICES BULLETIN

Monday, July 24, 1972

GOVERNMENT CALLS FOR PRELIMINARY PROPOSALS ON MASS TRANSIT RAILWAY

The provision of a Mass Transit Railway system for Hong Kong

advanced a step further today with the announcement that the government

is inviting firms to submit preliminary proposals for the scheme.

The invitation is to individuals or groups with a genuine interest

in either financing, constructing, equipping or operating the proposed

railway. The preliminary proposals should be submitted as soon as possible,

but no later than mid-October this year.

A spokesman for the Steering Group, set up to consider and advise

the government on the scheme, said that the Group had already been contacted

by a large number of individuals and groups.

"But we are now issuing a general invitation to all financial

interests, groups

of construction companies and manufacturers of equipment

to make it clear we are open to bids from all comers. ++

All proposals received will be strictly confidential.

The spokesman emphasised that although the basic design and alignment

of the railway system had been approved, the government had no fixed view

on the manner in which the railway should be financed, constructed or operated.

/Decisions

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