TNAG-0425-FCO40-471-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 28

326

HOF0812/03

CO F C O

GRPS 812

CYPHER/CAT A

DESKBY 18987/03

FM BTC HONG KONG #30820Z

CONFIDENTIAL

DEKSBY 1900Z/03

X

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HKK 2114

3400

NO DISTRIBUTION

Имя

the

of famesfie Governor's

Message to

SOSTI

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TRED FRD

TO IMMEDIATE D T I TELMO CREDA 147 OF 3RD DECEMBER, 1973 INFO E.C.G.D. (FOR FELL), F C O (FOR STUART, HKIOD) AND (FINLAYSON EPD).

FOR ROCCE(OPG) FROM ASTON.

M.T.S.

1.

2.

SO FAR, SO GOOD. WE ARE STILL IN THE ARENA.

-

ANGLO-ITALIAN GROUP REPRESENTATIVES MET WHOLE STEERING

GROUP AT NOON ON 1ST DECEMBER AND AT STEERING GROUP'S REQUEST AGAIN AT 0903 TODAY (3RD DECEMBER). IN INTERESTS OF KEEPING

NUMBERS DOWN I DID NOT ATTEND EITHER MEETING BUT HAVE HAD FULL

ACCOUNT.

3. AT FIRST MEETING THEY HANDED OVER THE COUNTER-BID WHICH WAS VIRTUALLY AS IN DRAFT YOU HAVE EXCEPT:-

(A) PRICES HAD BEEN INSERTED BY PICCAGLI FOLLOWING HIS TALKS

IN ROME AS FOLLOWS

ALTERNATIVE ONE: CEILING HK DOLLARS 5876 MILLION.

ANTICIPATED CONTRACT HK DOLLARS 4,800 MILLION.

ALTERNATIVE TWO : CEILING HK DOLEARS 5,178 MILLION

ACTUAL

CONTRACT U