CONFIDENTIAL
FM FCO
TO PRIORITY SEOUL
TELNO 96
OF 10130OZ MARCH 92
INFO PRIORITY BTC HONG KONG
CONFIDENTIAL
HKA 182/3
48
157342
MDLOAN 9781
TOP COPY
Q DIST ? la Pa
PERSONAL FOR AMBASSADOR FROM RICKETTS HKD
BTC HONG KONG: PERSONAL FOR SBTC
39
YOUR TELNO 118: KOREAN BID FOR HONG KONG'S NEW AIRPORT BRIDGE CONTRACT.
1.
MANY THANKS FOR THIS READ-OUT ON THE POSITION OF HYUNDAI AND MR CHUNG. WE HAVE REPEATED YOUR TELEGRAM AND OUR TELNO 81 TO MR HEAP IN HONG KONG FOR HIS PERSONAL BACKGROUND.
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2. AS YOU NOTE, IT IS NOT POSSIBLE SIMPLY TO RULE OUT THE KOREAN BID. WE UNDERSTAND THAT HKG TOO ARE SCEPTICAL ABOUT THE KOREANS' ABILITY TO TAKE ON SUCH A PROJECT, BUT CONSIDER THAT THEIR PRICE AND APPARENT TECHNICAL SOUNDNESS MAKE IT DIFFICULT TO RULE THEM
OUT.
3.
AT THIS STAGE, I THINK WE HAVE TAKEN THIS LINE OF ENQUIRY AS FAR AS WE CAN.
IF YOU
WE SHALL LET YOU KNOW IF THERE ARE FURTHER DEVELOPMENTS. COME ACROSS ANY INFORMATION WHICH YOU THINK IS RELEVANT, WE WOULD BE INTERESTED TO HEAR.
HURD
YYYY
ΜΑΙΝ
15
HKD
FED
MR BURNS
NNNN
DISTRIBUTION
15
ECONOMIC ADVISERS// (MR BROADBENT)
PAGE 1 CONFIDENTIAL
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