3
CONFIDENTIAL
FM BTC HONG KONG
TO PRIORITY DTI
TELNO
INTRA 41
CONFIDENTIAL
HKA 182/4
OF 190935Z FEBRUARY 92
backing copies for
AND TO ROUTINE PEKING, LISBON, HONG KONG, FCO
PR
NC
те
127725 MDLIAN 5344
Minato Comcen to amend all Macau Airpert dist. to HK Airport
+ File pis.
Restacted
AM
24/2
1712
из
20/2
MACAU AIRPORT
SUMMARY
RUNWAY CONTRACT STILL CAUSING PROBLEMS OF COST AND TECHNOLOGY: BANK OF CHINA WILL LOAN TO THE AIRPORT COMPANY: 40 PERCENT INCREASE IN TOTAL PROJECT COST LIKELY: MARCH CRUCIAL MONTH.
DETAIL
1. ROGERS (PEP) AND GRAHAM LUNCHED WITH PINTO (CHAIRMAN, MACAU AIRPORT COMPANY - CAM) AND GUIMARAES (PRESIDENT, CIVIL AVIATION AUTHORITY - CAA) AND CALLED ON MACHADO (UNDER SECRETARY, PUBLIC WORKS AND TRANSPORT) ON 17 FEBRUARY. THE ISSUES THAT WERE COVERED INCLUDED THE RUNWAY CONTRACT, THE BRIDGE PROBLEM, COMPLETION DATE AND FINANCE, THE TIMING OF CONTRACTS, THE PERFORMANCE BY UK CONSULTANTS, JLG TALKS AND AIRLINE INTEREST AND AIR MACAU.
RUNWAY CONTRACT
{
2. THERE IS CONTINUED DELAY ON THE SIGNING OF THE RUNWAY CONTRACT. ORIGINALLY AGREED, THOUGH NOT SIGNED, IN OCTOBER 1990 FOR HKD 1.1 BILLION, WITH BALLAST NEDAM LED CONSORTIUM, RENEGOTIATION FOR A FIXED PRICE CONTRACT (FOLLOWING ADVICE FROM SAMUEL MONTAGUE AND OTHERS) HAS LED TO THE CONSORTIUM'S REVISED PRICE OF 2.5 BILLION. ACCEPTANCE WOULD LEAD TO AN IMMEDIATE INCREASE OF 20 PERCENT ON THE TOTAL PROJECT COST. CAM BOARD ARE EXPECTED TO DECIDE ON 18 MARCH.
BRIDGE PROBLEM
3. THERE HAS BEEN TROUBLE WITH THE SECOND (TAIPA TO THE BORDER) BRIDGE. THE UNDERLYING ROCK IS NOT SOLID ENOUGH FOR THE PILING FOR THE BRIDGE. THE PROJECT IS ALREADY DELAYED AND OVER BUDGET. THIS GIVES CAM CONCERN SINCE THE PILING FOR THE RUNWAY INVOLVES THE SAME PORTUGUESE CONSTRUCTION COMPANY (CONSTRUCOES TECHNICAS) IS INVOLVED. SCOTT WILSON KIRKPATRICK OF HONG KONG HAS ADVISED THAT IT WOULD BE CHEAPER AND QUICKER TO DO THE RUNWAY BY RECLAMATION. A DECISION ON THIS IS ALSO EXPECTED 18 MARCH.
PAGE
1
CONFIDENTIAL
No comments yet.
Private notes are available after approval.