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FM BTC HONG KONG
TO PRIORITY DTI
TELNO OTTER 104
OF 031041Z MAY 91
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INFO PRIORITY FCO, PEKING, TOKYO, EXCED
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167107
MDLIAN 8077
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HONG KONG AIRPORT PROJECT
1. AT A MEETING ON 2 MAY, MACLEOD, FINANCIAL SECRETARY-DESIGNATE AND CURRENTLY TREASURY SECRETARY, TOLD SEDMAN (ECGD) AND ME THAT THE PRE-QUALIFICATION PROCESS FOR THE PLATFORM WOULD PROCEED AS SCHEDULED I.E. WITH PRE-QUALIFICATION CLOSING TODAY 3 MAY, BUT ANY ANNOUNCEMENT OF THE RESULTS, LIKE THOSE FOR PRE-QUALIFICATION FOR THE BRIDGES, WOULD PROBABLY BE HELD UP UNTIL THE PRESENT OVERRIDING POLITICAL ISSUES WITH CHINA WERE RESOLVED. THEIR HOPE NOW WAS THAT AGREEMENT WITH CHINA WOULD BE REACHED IN TIME TO ENABLE AN ANNOUNCEMENT OF THE TERMS OF THAT AGREEMENT TO BE MADE TO LEGCO BEFORE THE END OF LEGCO'S PRESENT SESSION IN JULY, AND THEN TENDER DOCUMENTS WOULD BE ISSUED TO THOSE WHO HAD PRE- QUALIFIED VERY SHORTLY THEREAFTER.
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