TNAG-0426-FCO40-472-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 89

SECRET

Government's Requirement

-6-

Present Indications (as at 5th December 1973)

Japanese

Anglo-Italian

H.K. Metro Constructors

VI.

Other Finance

Yes

(a) Equity is the client's responsibility.

Yes

Yes

Yes

Yes

Yes

VII.

(b) The consortium's financial advisers

should be prepared to assist if required (cf. I(e) above).

Construction/Equipment Aspects

(a) The construction programme:

K

(i) should be five years from the

date of commencement of construction;

(ii) must be sufficiently flexible to

meet minor interruptions (particularly in the case of delays in land availability).

Yes

No (6 years)

Yes

Negotiable

Negotiable

Negotiable

(b) Labour requirements should be minimised.

Yes

Yes

Yes

Yes

Yes

Yes

(c) Training: The consortium should assist

in arranging and/or providing training facilities for MTRC's staff.

(a) Test operations: Arrangements made for

test operations and acceptance tests for equipment must be satisfactory to the client.

Yes

Yes

Yes

0003160 G.F. 316

SECRET