TNAG-0423-FCO40-469-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 197

RESTRICTED

10. THEY ALSO SEE CONSIDERABLE DIFFICULTIES OVER ESTABLISHING EVEN

AN INDICATION OF PRICE AND UNDERSTAND CONSORTIUM IS TRYING TO GET

MORE INFORMATION FROM CONSULTANTS BEFORE ATTEMPTING IT. BUT CLEAR

THEY HAVE BEEN GIVEN, AND PROMISED, NO MORE THAN BRITISH GROUP.

11. GENERAL IMPRESSION I GAINED WAS THAT THE FRANCO-GERMANS ARE

FAR FROM CONFIDENT AND PERHAPS RELUCTANT TO GET DEEPER INVOLVED IN WHAT THEY SEE AS AN UNCERTAIN ENTERPRISE. THEY COULD

YET BE DROP OUTS.

ASTO N

EXCED DISTRIBUTION

HKIOD

COPIES SENT TO DTI]

FRD

EPD

-41-

RESTRICTED

!