W(B)L 51-7433
NOTHING TO BE WRITTEN IN THIS MARGIN
CONFIDENTIAL
Registry
DRAFT
LETTER
No. HKK 21/4
SECURITY CLASSIFICATION
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Confidential. Restxistedx XXKXieX
PRIVACY MARKING
In Confidence
Flag A
and there are
reports - how credible we do not yet- know - of American & Suiss offers
d)
The vital
because importance how our
view of
pourt of ensung mat, if
project does go ahead, it should do so as a British project,
a
Lord Brown,
Board of Tr
See
revvied
draff
Lord Shepherd
Telephone No. & Ext.
Department
Since our exchange of correspondence last month
been following with
I have continued to take a close interest
The dulcopurents
in the Hong Kong Cross Harbour Tunnel develop-
ments: I could hardly fail to do so when I
om the target of such a letter as the enclosed
from Kadoorie, which you may well have seen already. Incidentally, I have not replied to
so obviously interested a party.
very relieved
I am glad that, on reviewing the situation with ECGD, you have felt able to relax the terms
But I fear previously offered. Nevertheless, I realise
that it is still too soon to be sure of the
outcome of this matter. It is presumably no more inconceivable now than it was when you wrote your letter of 17 January that when the French do make up their minds they will, with whatever object, soften their terms; Indeed, I find myself sympathising with ECOD at a stage in the competition when their opponents have
not yet had to disclose their hand. But I
imagine this is no unusual experience for your Department.
Considerity
whether there.
I have
However, in these circumstances. I have
been casting around to see if there was anything further
hom here I could do without interference to assist
matters in the direction I am sure we all want.
It seems to me that there is one possibly- helpful move I could make, step I ought to take.
To ECGD I suppose the Hong Kong Government must be an interested party; I am almost sure I have seen it so described in one or other of
the papers our officials have been handling.
reasmable No doubt this is a right and proper attitude for your Department to take when the Hong Kong Government is expecting to take up its share in the equity.
But in this Office, of course,
CONFIDENT TAL
/ we stand
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