CONFIDENTIAL
235
072262
MDHIAN 9350
CONFIDENTIAL
FM DTI
TO IMMEDIATE BTC HONG KONG
TELNO OTTER 303
OF 14170OZ NOVEMBER 90 AND TO IMMEDIATE PEKING
FOR HEAP, FROM ROGERS PEP
HONG KONG AIRPORT PROJECT
вед
کا
HKC 182 12
1UNC 1990
т
GF. Me MCLAREN
EX M
CX Me Me
MR BURNS
Me Paul
152.
MANZIE HAS NOW WRITTEN TO THE GOVERNOR TO SAY THAT, IN THE LIGHT OF HKG VIEWS AND FOLLOWING DISCUSSIONS WITH HMG, THEY HAVE DECIDED NOT TO SUBMIT A PRE-EMPTIVE PROPOSAL FOR THE AIRPORT PLATFORM AT THIS STAGE. COPY OF LETTER FOLLOWS BY BAG, THOUGH YOU SHOULD BE ABLE TO GET A COPY FROM ADAMS IN HONG KONG.
2.
THE AJC HAS NOW RETURNED TO THE QUESTION OF A POSSIBLE PRC PARTNER FOR THE LANTAU FIXED CROSSING. WHILE THE PROJECT APPEARED TO BE PROCEEDING AS A BOOT, AND IN THE EARLIER CIRCUMSTANCES, THEY FELT INHIBITED ABOUT PURSUING THIS POSSIBILITY. BUT IN RECENT WEEK CHINA RESOURCES HAS BEEN MAKING OVERTURES THROUGH SCHRODERS ASIA, MAKING IT CLEAR THAT THEY WISH TO PARTICIPATE WITH THE AJC AND THAT THEY BELIEVE THAT THE AJC HAS GOOD PROSPECTS OF WINNING. RECENT CONTACTS WITH THEM HAVE BEEN ENCOURAGING. JOHN FLETCHER WILL BE IN HONG KONG NEXT WEEK AND IS PROPOSING TO SEE BOTH CHINA RESOURCES AND THE ONE OTHER ORGANISATION BEING CONSIDERED FOR AN APPROACH CITIC.
3=
-
IN ADVANCE OF THOSE DISCUSSIONS, THEY HAVE ASKED FOR ANY GUIDANCE FROM US, FROM THE BTC AND PERHAPS PARTICULARLY FROM PEKING AS TO THE CURRENT STANDING OF THESE TWO ORGANISATIONS. WE WOULD BE GRATEFUL FOR YOUR VIEWS. AJC HAS HEARD SOME SUGGESTION THAT CITIC HAS INDICATED IT IS NOT INTERESTED IN THE LANTAU FIXED CROSSING: AND THEIR NATURAL PRE-DISPOSITION IS TO FAVOUR THE ORGANISATION WHICH IS MAKING ACTIVE OVERTURES.
4.
IT MUST BE ADVANTAGEOUS TO HAVE GOOD PRC INTERESTS ON BOARD FOR ANY BID. GRATEFUL FOR YOUR ADVICE BY END OF WEEK SO THAT WE CAN GO BACK TO FLETCHER BEFORE HE DEPARTS.
YYYY
1
$
PAGE 1 CONFIDENTIAL
No comments yet.
Private notes are available after approval.