TNAG-0564-FCO40-659-Construction-of-an-underground-railway-system-in-Hong-Kong-1975 — Page 161

NOTHING TO BE WRITTEN IN THIS MARGIN

Tel/1C (Cont.)

buzda bil

Telegram No.

to

Hạng Hạng

CIVILS LAST WEEK FAILED TO ARMOVE LINGERING SUSPICTONS THAT

THE SCHEME MAY YET BE SCRAPPED ON FINANCIAL GROUNDS,

13

I DISCUSSED FINANCING POSITION WITH BOMHAM-CARTER OF

BRANDT'S WHO WHILE CONFIRMING THAT THE BANK WOULD BE

INTERESTED IN TAKING ON THE TASK OF DEALING WITH THIS ASFECT

SAID THAT AT PRESENT HE DID NOT KNOW ENOUGH ABOUT THE PROJECT'S

ECONOMICS AND FINANCIAL STATUS TO VENTURE AN INFORMED OPINION

ON THE CHANCES THAT THE NECESSARY CREDITS WOULD BE AVAILABLE.

I SPOKE TO PARSONS, A DIRECTOR, AND BUCKLEY OF GKN CONTRACTORS,

THE GKN COMPANY INVOLVED IN THE FIRST ROUND, ABOUT THE VIEWS

SULKE EXPRESSED TO YOU. THEY BOTH SEE LITTLE PROFIT IN

HAVING THEIR COMPANY JOIN SULKE'S CONSORTIUM. GK" CONTRACTORS

ARE HOT MANUFACTURERs; THEIR MAIN WORK IS PROJECT MANAGEMENT

AND ANY CONTRIBUTION FROM THEM WOULD BE A MINOR ONĘ. BUT

THEY DID UNDERTAKE TO CANVAS KANUFACTURING MEMBERS OF THE

GKN GROUP ABOUT THE POSSIBILITY OF THEIR JOINING SULKE,

DO NOT TYPE ON REVERSE OF THIS FORM

Signature of Originator .

EACH SHEET to be signed by the Originator

наму

V812