69
141016
MDTTAN 9128
RESTRICTED
FM BTC HONG KONG
TO TELELETTER ECGD
TELELETTER M182/1
OF 301113Z JULY 91
RESTRICTED
HKCO20/1
AND TO TELELETTER HONG KONG, DTI, FCO, PEKING, LISBON
Mr Store fil
вра.
масли
(5618
FROM:
GRAHAM, BTC HONG KONG
FOR: A MUCKERSIE ESQ., ECGD
COPIED
TO: C SAINTY ESQ., HONG KONG DEPT, FCO
J WALTERS ESQ., FED, FCO
S BRADLEY ESQ, HONG KONG GOVERNMENT MISS J ROGAN, PEKING
S BUTT ESQ. LISBON
··
J GALLAHER ESQ., PEP1, DTI
FROM BTC AS CONSULATE GENERAL MACAU
MACAU AIRPORT
SUMMARY
1. REPORTS ON FINANCES AND FORECASTS DUE IN SEPTEMBER. HINTS THAT MACAU GOVERNMENT MAY PROVIDE MORE EQUITY AND GUARANTEES. NEW
AIRPORT CHAIRMAN ATTRACTED BY CONCEPT OF MANAGING CONTRACTOR FOR
EQUIPMENT PURCHASE. UKAG SHOULD VISIT EARLY SEPTEMBER.
DETAIL
2. GRAHAM ACCOMPANIED MUCKERSIE AND PENTECOST (ECGD) TO MACAU ON
FRIDAY 26 JULY FOR MEETINGS WITH CASTRO SILVA (CIVIL AVIATION
AUTHORITY) AND PINTO (NEWLY ARRIVED CHAIRMAN OF MACAU AIRPORT COMPANY). THE TWO MOST IMPORTANT ELEMENTS WHICH EMERGED FROM
THESE MEETINGS WERE THE TIMING OF PINTO'S INTENTIONS FOR THE
COMPLETION OF AND EQUIPMENT PURCHASING FOR MACAU AIRPORT, AND THE
TIMING OF THE REPORTS ON WHICH THESE INTENTIONS WOULD BE BASED.
3. PINTO AWAITED TWO REPORTS, BOTH DUE IN EARLY SEPTEMBER. THE FIRST WA A REVISED PASSENGER AND CARGO VOLUME ESTIMATE
(DOUBTLESS TAKING INTO ACCOUNT BOTH RECENT DECISIONS ON CHEP LAP
KOK AND RECENT CAA TALKS WITH CARRIERS IN AMERICA AS WELL AS
UPDATED IATA FORECASTS). THE SECOND WAS A GOVERNMENT REPORT ON
ITS OWN ATTITUDE AND REVISED COMMITMENT TO FINANCES OF CAM. PINTO
BELIEVED THE PAYBACK PERIOD OF MACAU AIRPORT WOULD BE 8-12 YEARS AND ITS RETURN ON INVESTMENT BETWEEN 17.5 AND 22.5 PERCENT. HE
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