by July 1976. about 70,000
-8-
The proposed library grant will provide
fore
Tec proportion
80,000 volumes. This logether with the books and of the library will consist unericen reference books.
Journal of British origen purchased from Polytechnic funds will Ensure. The Injection of some 720 day of British referenca f That British Technology u kept to, the backs want here the recessive and will go along way towards keeping British technology to the fore and-
bourse, be complementary to the British Equipment
Mich it la proposed to install
24 28.
Plans for the Enlytechnik development of the Polytechnic include a considerable increase in the use of audio/visual aids and the introduction of training in Metrology and it is hoped to purchase equipment of this nature with the grant. It is hoped that the new metrology laboratory will be fully equipped with British equipment at a
£110,000 • cost of approximately the balance of ziemaña, osa
About ₤12,000 will be spent torba spentomequipment with bananana on audio/visual aids, and.
₤ 41,000
Equipment. The proposal for such an arrangement should do men to bring the agappant to. cauipment art considered
considered to DC-
M
bonatico
printing and
book
bm reason able
ding
ple
neties of the trainees and could in the long ray bring.
gommerciał berafits to the United Kingdom..
V. POLITICAL CONSIDERATIONS
25 4.
In 1972, when our agreement to provide this grant was formally announced, we were going through a particularly difficult time in our relations with Hong Kong. The Governor had advised that Hong Kong had a political need for outward and visible signs of a special and beneficial relationship with the United Kingdom and it was recognised that carefully selected aid could meet this need. Apart from the political case there was also a strong commercial case in that the United Kingdom share of the large Hong Kong market had dropped to 8% A number of
Chickly the Man Transit contract for an underground railway. large government contracts were in the offing and competition between the United Kingdom and Japanese manufacturers was strong; it was thought that the climate of feeling towards Britain could be a significant factor intipping the balance In
VI. FINANCE
26.3.
NOTHING TO BE WRITTEN IN THIS MARGIN
The event, however prince price for the Mass Transit- efforts by all concerned to keep Bortam
The Japenese were able to offer contract and despite strenuu in the running, thi was not possible.
As previously indicated a grant of £500,000 has been approved at Ministerial level and it has been agree this should be in the form of a technical assistance
that
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