TNAG-0565-FCO40-660-Construction-of-an-underground-railway-system-in-Hong-Kong-1975 — Page 141

GRS 120

PRIORITY

CYPHER CAT/A

FM BTC HONG KONG 100915Z

RECEIVED IN

REGISTRY No. 50

77

TOP COPY

UNCLASSIFIED

COMMERCIAL IN CONFIDENCE

TO PRIORITY E C G D TELEGRAM NO EXCED 48 OF 10 SEPTEMBER INFO

OPG (BRYANT), CRE4 (MISS WELCH),

FOR COTTERILL FROM KINNEAR.

MASS TRANSIT.

F

AS YOU KNOW THE DECISION HAS NOW BEEN TAKEN TO PROCEED WITH

THE MODIFIED MASS TRANSIT SCHEME. THIS IS SUBJECT TO FINAL

DOCUMENTATION ON THE STANDBY CREDIT (MY TELNO CREDA 82 TO

FARRY) BUT THIS IS REGARDED AS A FORMALITY.

2. M T A EXPECTS TO START LETTING THE FIRST CIVIL CONTRACTS AT

THE END OF THIS MONTH. THEY TELL ME THAT THE KIER GROUP IS VERY

MUCH IN THE RUNNING FOR AT LEAST ONE OF THE THREE CIVIL CONTRACTS

FOR WHICH THEY HAVE BID. IT IS IMPORTANT, THEREFORE, THAT FINAL

AGREEMENT ON E C G D TERMS AND PREPARATION AND SIGNATURE OF THE

FORMAL AGREEMENT IS COMPLETED AS SOON AS POSSIBLE. THOMPSON WILL BE SENDING A TELEX TO YOU TODAY ABOUT THE FINAL TERMS AND SEEKING

CLARIFICATION ON ONE OR TWO REMAINING GREY AREAS, KLEINWORTS ALSO

WILL BE IN TOUCH WITH YOU ABOUT THIS AND I WOULD BE GRATEFUL IF

YOU WOULD LET ME KNOW WHETHER YOU FORESEE ANY DIFFICULTIES STANDING IN THE WAY OF THE EARLY COMPLETION AND SIGNATURE OF A FORMAL

AGREEMENT.

KINNEAR

EXCED DISTRIBUTION

HKIOD

COPIES TO:

MISS WELCH CRE4 DOT