TNAG-0424-FCO40-470-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 156

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HADDON-CAVE'S STATEMENT TO LEGCO, 4/7/73

"The Mass Transit Steering Group is expected to

reach a decision within the next few weeks on whether the project should be dealt with on a single- contract or on a multi-contract basis.... (Haddon- Cave) stressed that whichever decision is taken, remains the government's firm intention that construction should commence on site during the first half of 1974. To this end, he said every effort will be made to conclude the contractual procedures, whatever they may be, by the end of this vorr.

"In the case of the negotiated single-contract approach, this will require a firm decision to be made on which consortium to select, and the issue a Letter of Intent to that consortium signifying the government's intention to negotiate a contract, well before the end of the year.

(my underlining)

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