XN000022-1972-11-10 — Page 1

Daily Information Bulletin 新聞公報 All

PRHI

+

4000001

香港政府

GIS新聞處

DAILY INFORMATION BULLETIN

Friday, November 10, 1972

FINANCIAL SECRETARY TO

DISCUSS MASS TRANSIT RAILWAY IN LONDON AND TOKYO

The Financial Secretary, Mr. C.P. Haddon-Cave, will visit London

and Tokyo shortly to discuss the proposed mass transit railway.

Commenting on these visits Mr. Haddon-Cave said: "The Government

has received a number of responses to the invitation, issued in July, for

interested groups to submit proposals for the financing of the mass transit

railway."

"The Mass Transit Steering Group, of which I am chairman, is still

in the process of examining these proposals which must obviously remain

confidential at this stage," he said. "The discussions which we will be

holding in London and Tokyo over the next few weeks, will be strictly

exploratory."

Mr. Haddon-Cave said that discussions had already been held in

Hong Kong with interested parties and that these would continue during the

next three to four weeks.

A spokesman for the Steering Group recalled that the Financial

Secretary announced in the Legislative Council last June that the decision

to proceed with the construction of the full mass transit railway was subject

to satisfactory arrangements being made for financing it and for letting

contracts.

/"All these

Issued by Government Information Services, Beaconsfield House, Hong Kong. Tel: 5-233191

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