ITEM 04
4 JAPANESE CONSTRUCTION FIRMS TO BID FOR H.K. SIBWAY
HK 100.
TOKYO, MAY 30 (JIJI PRESS)--FOUR MAJOR JAPANESE CONSTRUCTION FIRMS WILL PARTICIPATE IN AN INTERNATIONAL BIDDING BY THE HONG KONG GO VER NMENT FOR PART OF THE 15.7 RPT, 15.7-YILOMETER SUBWAY CONST- RUCTION, INDUSTRY SOURCES DISCLOSED HERE THURSDAY.
THEY ARE MITSUI CONSTRUCTION CO., MAEDA CONSTRUCTION CO., KUMAGAIGUMI CO. AND HAZAMA-GUMI LTD., RECOGNIZED IM ADVANCE BY THE HONG KONG GOVERNMENT AS QUALIFIED FOR THE TENDER.
THE SOURCES SAID THE BIDDING WILL BE HELD THERE ON JULY 28 RPT 28 FOR TWO SECTIONS OF THE PROJECTED SIBWAY--11TH AND 12TH RPT 11TH AND 12TH SECTIONS EXTENDING 2.9 FPT 2.9 KILOMETERS FROM DIAMOND HILL ON THE KOWLOON ISLAND.
$
THE TOTAL CONSTRUCTION COST OF THE SUBWAY PROJECT IS SAID TO
REACH 1,200 RPT 1,200 MILLION DOLLARS.
MEANWHILE, THE SAME SOURCES SAID THERE ALSO ARE CHANCES FOR MITSUI CONSTRUCTION AND KUMAGAIGUMI TO WIN CONTRACTS FOR BUILDING OF STATIONS. NEGOTIATIONS ARE NOW UNDER WAY BETWEEN THE TWO FIPMS AND THE HONG KONG GOVERNMENT.
THE BUILDING OF SUBWAY STATIONS WAS ORIGINALLY TO BE UNDERTAKEN BY LOCAL CONTRACTORS, THEY EXPLAINED, BUT THE HONG KONG GOVERNMENT HAS TURNED TO JAPANESE ENGINEERING INTERESTS PROBABLY IN HOPES OF REDUCING CONSTRUCTION COSTS BECAUSE OF HONG KONG S FINANCIAL DIFFICULTIES.
END JP
:
RECEIVED B
REGIS
- 2 JUN1975
HKK: 2/16
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