TNAG-2561-FCO40-3744-Future-of-Hong-Kong-Special-Administrative-Region-Government-1992 — Page 31

CONFIDENTIAL

FM HONG KONG

TO IMMEDIATE PEKING

TELNO 61

OF 040445Z JULY 92

ཆ ་པ་

тел

CONFIDENTIAL

4KC 31013

- 6 JUL 1992

171636

MOLIAN 6783

TOP COPY

26

CM

Q DIST?

INFO PRIORITY FCO, UKREP JLG HONG KONG

صر

PERSONAL FROM MACLEOD, FS. FOR MR.K.Y.YEUNG: VISITING.

AIRPORT TALKS: LAND FUND.

Redacted Under FOI Exemption Sec 27(1)(a)(c)(d)

2.

REPORTS

IN TODAY'S EXPRESS AND HK ECONOMIC TIMES (COPIES BY FAX) WHICH QUOTED YOU AS HAVING TOLD THE PRESS IN PEKING YESTERDAY THAT THE

LAND FUND HAD NOW ACCUMULATED OVER 38 BILLION AND IS EXPECTED TO REACH 88 BILLION IN 1997. THAT AMOUNT, TOGETHER WITH THE 25 BILLION RESERVE MEANT THAT OVER 100 BILLION WOULD BE LEFT TO THE FUTURE SARG.

3.

GRATEFUL TO KNOW WHAT EXACTLY WAS SAID TO THE PRESS

YESTERDAY

FORD

YYYY

PAGE

1

CONFIDENTIAL