0003160 G.F. 316
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ANNEX C
Summary of the Negotiations with the Japanese Consortium since the signing of the
Letter of Intent
Date
15th February 1974
3rd to 6th April 1974
25th to 26th June 1974
7th to 9th August 1974
Contents of Talks
Letter of Intent signed in Hong Kong
Mass Transit Railway Provisional Authority visited Tokyo to explain developments since February and to find out what the Consortium was doing. Consortium gave a firm assurance of their continued intention to negotiate the contract.
Japanese Consortium visited Hong Kong. A few vague hints of
(a)
(b)
costing difficulties;
likelihood that departures
from the specifications would be suggested; but
(c) firm re-assurance given of
continuing intention to negotiate a contract; and
(a)
the Consortium would respond to the Provisional Authority's specifications with a comprehensive "Basic Plan" for the Railway, rather than with design solutions on a piecemeal basis as previously envisaged.
Provisional Authority's engineering representatives visited Tokyo. Stronger hint that departures from specifications would be suggested.
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