TNAG-0097-FCO40-133-Construction-of-a-Cross-Harbour-Tunnel-1968 — Page 272

Sir Arthur Snelling, K.C.A.6., K.C.V.D.

ARANTEE

CREDITS

DEPARTME

aleli

EXPORT CREDITS GUARANTEE DEPARTMENT

P.O. BOX NO. 272, BARRINGTON HOUSE, 59-67 GRESHAM STREET, LONDON EC2

Telephone: MONarch 6699 Telex: 21821

Your reference

Dear Lucas,

Our reference

Our ref: M/SER 24126/35

22nd March, 1967.

9/2/10

Hong Kong Tunnel

I attach a note which explains what has happened so far and the point we have now reached in our offer of cover to Costains who have tendered to carry out the above project. The purpose of circulating this to you and other Departments is to keep everybody informed and to give the opportunity of commenting about the line we are currently adopting.

2. This is a Section 1 case which does not fall technically within the ambit of the Financial Guarantees Committee. I am, however, giving it the F.G.C. circulation; perhaps we can consider this a special ad hoc exercise.

3.

I am copying this to Mason, Kinsey, Spiers, Kitching, Ford, Thomas and also to Sir Arthur Snelling in C.R.O., who recently wrote to Percival here about his recent visit to Hong Kong.

C. C. Lucas,

Esq.

?

H. M. Treasury,

Treasury Chambers,

Great George Street, London, S.W.1.

Yours sincerely,

(K. W. Cottorill)