TNAG-0855-FCO40-1065-Construction-of-underground-railway-system-in-Hong-Kong-1979 — Page 165

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PAY

a

GR 160

UNCLASSIFIED

COMMERCIAL-IN-CONFIDENCE

FM TOKYO 1808227 JAN 79

TO IMMEDIATE HONG KONG

TELEGRAM NUMBER 2 OF 18 JAN

AND TO IMMEDIATE CRE4 (DOT)

HONG

FOR THE SENIOR BRITISH TRADE COMMISSIONER, HONG KONG,

FROM CHURCHILL.

22/1

f

THE FOLLOWING REPORT APPEARED IN THE JAPANESE LANGUAGE PRESS TODAY:

NIKKAN KOGYO, PAGE 11,

HONG KONG UNDERGROUND RAILWAY CONTRACT THE VICE PRESIDENT OF HONG KONG'S UNDERGROUND RAILWAY CORPORATION ARRIVED IN JAPAN YESTERDAY FOR FINAL NEGOTIATIONS WITH A JAPANESE CONSORTIUM OF COMPANIES CALLED HMT ABOUT ROLLING STOCK TO BE PURCHASED FOR THE SECOND STAGE OF HONG KONG'S UNDERGROUND RAILWAY CONSTRUCTION PROGRAMME. ACCORDING TO HMT IT FEELS IT ONLY HAS A 52% CHANCE OF WINNING THE CONTRACT FOR SUPPLY OF ROLLING STOCK BECAUSE A BRITISH CONSORTIUM HAS OFFERED A LARGE DISCOUNT. THEREFORE HMT INTENDS TO PLACE EMPHASIS IN THE NEGOTIATIONS ON WINNING ORDERS FOR ESCALATORS, STATION AIR CONDITIONING SYSTEMS

AND SUB-TRANSFORMERS.

WILFORD

FILES

FED

HA & GD

TRED

WOON D

MR.CORTAZZI MR.MURRAY MR. BUTLER MR. THOMAS

[ADVANCED TO DOT]

COPIES TO:

CRE4/DOT

;

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