TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 180

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

FM BTC HONG KONG

CONFIDENTIAL

Hkc 121/2

RECEIVED IN *

TO ROUTINE DTI

Drs

INDEX

TELNO OTTER 44

OF 03013OZ MARCH 90

INFO ROUTINE FCO

14 MAR 1990

ER

TRY

Action Taxer

(20

017477

MDLIAN 2816

MY TELNO OTTER 43: BRITISH CHAMBER OF COMMERCE IN HONG KONG

1. THE BRITISH CHAMBER HAVE NOW ENDORSED THE PROPOSAL TO MOVE TO SMALLER AND CHEAPER PREMISES WHICH THEY WILL TAKE ON FROM 1 MARCH AND WILL VACATE THEIR PRESENT PREMISES BY 31 MARCH. AT THE

COMMITTEE MEETING WHICH CONFIRMED THESE DEVELOPMENTS THE CHAIRMAN SAID THAT HE PROPOSED TO APPROACH THE BOTB TO SEE WHETHER THEY COULD MEET THE COSTS OF FITTING OUT THE NEW PREMISES, EXPECTED TO BE AROUND HKD200,000 (APPROX PDS STG 15,000) OR AT LEAST TO MAKE A SUBSTANTIAL CONTRIBUTION TO THIS. I WARNED THAT WHILE I WOULD BE HAPPY TO PASS ON THIS REQUEST IT WOULD PROBABLY BE DIFFICULT FOR

HMG TO HELP.

2. I WOULD BE GRATEFUL TO KNOW URGENTLY WHETHER SOME OFFICIAL CONTRIBUTION IS A POSSIBILITY. THE CHAMBER IS UNDOUBTEDLY ONE OF THE MAIN MANIFESTATIONS OF THE BRITISH COLLECTIVE COMMERCIAL PRESENCE IN HONG KONG AND ITS STRENGTH AND STABILITY CARRY IMPORTANT OVERTONES FOR THE FUTURE BOTH IN TERMS OF OVERALL CONFIDENCE AND OUR RETENTION OF A STRONG COMMERCIAL PRESENCE. A CONTRIBUTION WITHOUT DOUBT WOULD MAKE A VERY FAVOURABLE IMPRESSION

ON THE BRITISH BUSINESS COMMUNITY AND WOULD HELP ENCOURAGE PRIVATE COMPANIES TO CONTRIBUTE. COULD WE SAY FOR EXAMPLE THAT WE WOULD MEET HALF THE COST OF EQUIPPING THE NEW OFFICES IF MEMBER COMPANIES OF THE CHAMBER WOULD CONTRIBUTE THE OTHER HALF ?

HEAP

YYYY

PAGE 1 CONFIDENTIAL

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