TNAG-0425-FCO40-471-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 121

from the contractors has unfortunately run into

the sand. They are unwilling to add the problem

of whether the system will make money to their

uncertainty of the profitability of the contract

itself. The idea would spread their risks, but also

widen them. There seems to be some force in their arguments

on this.

032717 E.W.& S.,Ltd. 164m 3/67.

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