RESTRICTED
152731 MDLIAN 5120
RESTRICTED
FM BTC HONG KONG TO PRIORITY DTI
TELNO INTRA 2
OF 03110OZ JANUARY 92 INFO PRIORITY F C 0, ECGD INFO ROUTINE TOKYO, SEOUL
AMENDED DISTRIBUTION
HKA 182/3
G
061045Z
TOP COPY Q DIST?
FOR HALL, HEAD OF PEP
HONG KONG AIRPORT PROJECT:
1.
MAIN BRIDGE CONTRACT
THE SOUTH CHINA MORNING POST OF 3 JANUARY 1992 HAS REPORTED, AS ITS MAIN FRONT PAGE NEWS ITEM, THAT BIDS FOR THE MAIN BRIDGE CONTRACT (CHING MA OR LANTAU FIXED CROSSING) WHICH CLOSED IN
EARLY DECEMBER RANGED FROM UNDER HK DOLLARS 6 BILLION TO HK
DOLLARS 9 BILLION. THE REPORT CLAIMS THAT THE KOREAN BID WAS THE LOWEST, THAT THE JAPANESE AND THE FRENCH LED BIDS WERE BOTH ABOUT HKD 8 BILLION AND THE TRAFALGAR HOUSE BID WAS ''CLOSE TO 9 BILLION'' AND THE MOST EXPENSIVE.
2.
CURRENT RUMOURS IN THE INDUSTRY TEND TO CONFIRM THESE
FIGURES. A CONTACT IN A MAJOR CONSTRUCTION COMPANY NOT INVOLVED
IN THE BID HAS TOLD ME THAT HYUNDIA ARE CLAIMING THAT THEIR BID IS BETWEEN HKD 5 AND HKD 6 BILLION BUT COMFORTABLY BELOW HKD 6 BILLION.
3.
SHOULD YOU RECEIVE ANY FURTHER INFORMATION DIRECT FROM THE
HONG KONG GOVERNMENT ON THIS I HOPE YOU WILL SHARE IT WITH ME. IF THESE FIGURES ARE CORRECT THEN IT DOES NOT OMEN TOO WELL FOR TRAFALGAR HOUSE, BUT IT DOES APPEAR THAT ALL THE BIDS MIGHT BE RELATIVELY CLOSE.
HEAP
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