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MDLIAN 6314
SEVERAL SOURCES THAT THIS CONTRACT (WORTH AROUND POUNDS 50 MILLION) IS TO BE AWARDED TO THE BRITISH GROUP OF NORMAN FOSTER
AND BAA. AN ANNOUNCEMENT IS LIKELY TO BE MADE IN THE NEXT WEEK OR
SO. IF CONFIRMED THIS CLEARLY WILL BE VERY GOOD NEWS.
3. BLACK POINT POWER STATION.
(A) SIR WILLIAM STONES (CHINA LIGHT AND POWER) AND CLANCY (EXXON) WERE BOTH CLEARLY PLEASED WITH THE OUTCOME OF THEIR VISIT TO THE UK. THEY SAID THAT THE TRIP HAD SERVED TO CLARIFY THAT GE (USA) WOULD NOT PUT IN A SEPARATE BID AND THAT IT REMAINED A TWO HORSE RACE BETWEEN GEC ALSTHOM AND SIEMENS. THEY WERE LIKELY TO ISSUE ''FUNCTIONAL SPECIFICATIONS'' TO BOTH COMPANIES IN APRIL AND WOULD GIVE THEM TWO TO THREE MONTHS TO RESPOND WITH DETAILED COSTED PROPOSALS. THIS WOULD BE SOMETHING SHORT OF A FULL TENDER BUT NONETHELESS WOULD ENSURE COMPETITION BETWEEN THEM. WHEN THESE WERE RETURNED IN JUNE OR JULY CLP AND EXXON WOULD DECIDE WHETHER TO NEGOTIATE WITH ONE OR WITH BOTH. STONES MADE LITTLE EFFORT TO CONCEAL HIS HOPE THAT THEY WOULD BE ABLE TO NEGOTIATE ONLY WITH GEC AT THAT STAGE BUT CLANCY INSISTED THAT THEY WOULD NEGOTIATE WITH BOTH UNLESS ONE PUT IN SIGNIFICANTLY BETTER PROPOSALS THAN THE OTHER.
(B) BOTH STONES AND CLANCY INDICATED THAT THE SCHEME OF CONTROL DISCUSSIONS WITH THE GOVERNMENT WERE AGREED. THEY INDICATED THAT THESE WOULD STILL REQUIRE A FURTHER PASSAGE THROUGH JLG TO BE SURE OF CHINESE ACQUIESCENCE, BUT MRS ANSON CHAN FIRMLY DENIED A SUGGESTION THAT THE CHINESE WOULD BE GIVEN ANY FURTHER CHANCE TO COMMENT.
4. PAGBILAO POWER STATION (PHILIPPINES), GORDON WU.
(A) GORDON WU INDICATED AT A MEETING THAT THIS WAS LIKELY TO GO TO THE JAPANESE. IT EMERGED AT SUBSEQUENT SOCIAL MEETINGS THAT THE JAPANESE HAD PUT IN A HIGHLY COMPETITIVE ALL EMBRACING FINANCIAL PACKAGE WITH THE PROSPECT OF SOFT LOANS. GEC REPRESENTATIVES HERE TO NEGOTIATE THE SHAJICO-C CONTRACT, ARE HIGHLY CONCERNED, HAVING ALREADY PUT IN CONSIDERABLE WORK ON PAGBILAO. ALL IS NOT LOST BUT THE OMENS DO NOT LOOK GOOD.
5. FINANCIAL ASPECTS.
NEARLY ALL THOSE WHO HALL AND ROGERS MET STRESSED THE IMPORTANCE OF ECGD SUPPORT. IN RESPECT OF BLACK POINT CLANCY OF EXXON SAID FIRMLY THAT OF THEIR MEETINGS WITH ECGD COFACE AND EXIM, THE MOST
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