TNAG-1506-FCO40-2064-Guangdong-nuclear-power-station-project-at-Daya-Bay-safety-c-1986 — Page 198

from the Chinese Government, the French and the British Governments, agreements on prices were reached in December 1985 and January 1986 with the respective memoranda signed thereof. Subsequently, Letters of Intent were signed in March 1986. Following that, all the parties of work in the design of concerned had carried out large amount

a

The

Letters

of

satis-

the Nuclear Power Station, in ordering equipment for it and in their

have Intend

been implemented

JVC of September,

held negotiations

manufacture.

factorily. In the early half of and consultations with the three main contractors and the Bank of China on contract clauses and loan agreements respectively. Unanimity of all the of views has been achieved owing to the joint efforts

finalized and documents thereof have been parties concerned.

The

وع

their signing ceremony was held this afternoon. The formal notifica- tions of effectiveness for the Three Main Contracts will be issued to the Suppliers upon the approval by the Chinese Government.

Fins

the Loan Agreements coming

With the Three Main Contracts and into force, all Contracts and Agreements will begin their implementa- tion in an overall manner and the project construction will formally start. This marks a new stage in the building Nuclear Power Station. We believe that, under the

of the Chinese Government,

well as

of the Guangdong

care and support

our work on

we

the French and the British Governments, the related French and and through our friendly cooperation with

British companies as

Banks, resolutely basing

the policy of "Giving First

to Safety and Quality", First Priority will be able to complete the construction of the Guangdong Nuclear Power Station to high standard of quality and on schedule, thereby contributing to the development of China's Nuclear Energy Programme, the economic development of Guangdong, the stability and prosperity of Hong Kong and to promoting the economic and technical cooperation between China and France, China and UK.

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