TNAG-0565-FCO40-660-Construction-of-an-underground-railway-system-in-Hong-Kong-1975 — Page 124

187

RR BTC HONG KONG

GR 130

CYPHER/CAT A

FM D T I 261415Z

RESTRICTED

COMMERCIAL IN CONFIDENCE

RECEIVE IN BEGI

29 SE 17/5

HKK 21/4

HRIOD.

TO ROUTINE BTC HONG KONG TELEGRAM NUMBER CREDA 173 OF 26 SEPTEMBER,

FOR KINNEAR FROM FARRY OPG

MASS TRANSIT. YOUR CREDA 97

N. OF

BTC

TO DOT

1. KLEINWORT HAVE APPROACHED KIER WITH A VIEW TO GETTING UP TO DATE AND INDEPENDENT ASSESSMENT OF THEIR FINANCIAL VIABILITY. KEIR HAVE SUGGESTED KLEINWORT SHOULD EMPLOY BINDER HAMLYN SINGLETON FABIAN WHO CARRIED OUT INVESTIGATION OF THE GROUP ON BEHALF OF DEP- ARTMENT OF ENVIRONMENT. DOE HAVE AGREED THAT BINDER HAMLYN COULD MAKE AVAILABLE TO KLEINWORT THE VOLUME OF THEIR REPORT TO DOE DEAL- ING WITH KEIR GROUP.

FOR YOUR INFORMATION ALTHOUGH THERE ARE PROBLEMS ON THE FRENCH SIDE OF THE GROUP DOE BELIEVE KLEINWORT MAY RECOMMEND THAT KEIR WOULD BE ABLE TO TAKE ON THE MTA CONTRACTS. YOU MAY TELL MTA THAT PROPERTY SERVICES AGENCY OF DOE HAS RECENTLY AWARDED A £40 MILLION CONT- RACT TO KEIR FOR WORK ON THE DEVONPORT DOCKYARD.

CALLAGHAN

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