CONFIDENTIAL
FM FCO
TO IMMEDIATE HONG KONG
TELNO 561
OF 26120OZ MARCH 92
CONFIDENTIAL
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TOP COPY
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INFO IMMEDIATE UKREP JLG HONG KONG, PEKING
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нка 18217
27
030612
MDHOAN 2030
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YOUR TELNO 879 AND UKREP TELNO 113: FINANCIAL ASPECTS OF THE AIRPORT CORE PROGRAMME
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THANK YOU FOR YOUR QUICK RESPONSE TO OUR TELNO 538. WE HAVE NOW ALSO RECEIVED THE COPY OF THE EXECUTIVE COUNCIL MEMORANDUM ON THE FINANCIAL ARRANGEMENTS FOR THE PROVISIONAL AIRPORT AUTHORITY.
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WE NOTE THAT YOUR INTENTION REMAINS TO HAND OVER THE OVERALL COST PAPER TO THE CHINESE ON 27 MARCH AND MR GALSWORTHY'S STRONG ADVICE THAT THIS SHOULD GO AHEAD AS PLANNED.ON THE BASIS THAT YOU ARE CONFIDENT THAT THIS PAPER FULLY TAKES INTO ACCOUNT THE FINANCIAL ARRANGEMENTS FOR THE PROVISIONAL AIRPORT AUTHORITY AND LIKELY DEVELOPMENTS ON THE EXPORT CREDIT/FINANCING SIDE, WE ACCEPT THAT YOU SHOULD PROCEED AS YOU PROPOSE.
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.HONG KONG AIRPORT RESTRICTED HKD
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CONFIDENTIAL
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