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7th October 1560.
[Dear Peter,]
12/€)
Asian Develomant Rank
I onclose a cutting from the long Hong Telegraph reporting Chat Watanabe, President of the Asian Development Pank, has offered to consider a loan to finance the proposed runway extension at Fai Tak Airport in long lung.
It is a lisole surprising to Lee latanabe taking this lino in view of the indication the Hong Kong Covernment gave at the tile of their application for nozborchip that they had no intention of. cocking a lean from the A.D.B. in the immediato future - though 28 do not clear how binding this statement io. Moreover, it is lay understanding of the amengomenta ögrood at that time that long Yong could not contract a lean from the A.D.B. without the prior approved of 11.11.0. but you may feel that it would be worth while acking du Boulay to see if he can find out whether there is anything" "bohird the roport. Pespite what katanabo is reported to have paid it may bo that the initiativo came from the Bong Kong Covernment which had been sucking finance for this project from a number of gourceS including H.M.G., whose reaction has, of course, been unfortheordng.
I am seyding copies of this letter with onciocurce to Tae (0.D.II.) and Cannara (F.0.0.).
Siswant
[Yours sincerely,]
(Signed) R. E. BARBER
J.P.L.Grynn, Esq.,
[H.M.Treasury,
Great George Street, S.M.1.].
NADIN
R.GUTRY No.51
- 9 OCT 1969
6/10 HKIL E###
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