TNAG-0425-FCO40-471-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 88

4༧༧、 བཀག... -

303)

DTI LONDON

ELLAUTO BORHMWD 22777%

FILE NO 8106

x-345/2 sast2

TO MR D ROYCE DEPT TRADE AND INDUSTRY

MR H KINDERSLEY LAZARDS'

MR H NEWELL COSTAINS

ELLAUTO BORHMW

HX3098 GE CHONG

ELIOTAUTO BOREHAMWOOD TELEX NO 2418

FOR WILTSHIRE

19.11.73

A. REFERNEC LEVERS TELEX TO YOU EARLIER TODAY SIR DOUGLAS HAS NOW RECIEVED A LETTER THIS EVENING FROM P.H-C AS FOLLOWS

QUOTE

PLEASE REFER TO YOUR LETTER DATED 15TH NOVEMBER, 1973, THE RECEIPT OF WHICH IS HERERY ACKNOWLEDGED.

2.

THE MASS TRANSIT STEERING GROUP HAS TAKEN NOTE OF THE FORMATION AND COMPOSITION OF THE ANGLO-ITALIAN GROUP AND HAS NO OBJECTION TO THE MERGER. THE STEERING GROUP ASSUMES ! THAT, WITH THE FORMATION OF THE ANGLO-ITALIAN GROUP BOTH

THE BRITISH GROUP (AS ORIGINALLY INSTITUTED) AND 1.M. INTERMETRO S.P.A. HAVE CEASED TO BE INDIVIDUAL.COMPETITORS FOR THE MASS TRANSIT RAILWAY CONTRACT. IN OTHER WORDS, THE STEERING GROUP ASSUMES THAT THE NUMBER OF COMPETING CONSORTIA HAS BEEN REDUCED TO THREE RATHER THAN INCREASED TO FIVE.

I SHOULD BE GRATEFUL FOR YOUR CONFIRMATION THAT THE STEERING GROUP'S ASSUMPTION IS CORRECT. IF IT IS, I SHOULD APPRECIATE BEING INFORMED OF THE OFFICIALS, CHANNEL OF COMMUNICATION BETWEEN THE ANGLO-ITALIAN GROUP AND THE MASS TRANSIT STEERING - GROUP AS SOON AS POSSIBLE

+67