WILL YOU GIVE THE CHINESE CONCESSIONS ON CONSTITUTIONAL
ISSUES TO GET AIRPORT BACK ON TRACK?
- We approach these issues strictly in accordance with the MOU. There is no connection between them and the political
issues.
MEMORANDUM OF UNDERSTANDING SIGNED BY PRIME MINISTER
USELESS
Nonsense: is an expression of Britain and China's
commitment to the project and has allowed HKG to get on with
the work.
WILL THE AIRPORT CORE PROGRAMME STAY WITHIN BUDGET?
The use of fixed price lump sum contracts and a strong
project management system to control timing and programming
will minimize the risk of cost overruns.
PROJECT TOO EXPENSIVE
...
Hong Kong's reserves in a very healthy state. Must also
remember considerable accumulations in the Land Fund, which
will be handed over to the SARG in 1997.
- The project has been planned to be cost-effective. cost to Government has not gone up. The HKG has adequate
reserves to meet its share of the cost. Private sector will
put up substantial funding in the form of equity and bans.
The
FAVOURITISM SHOWN TO BRITISH FIRMS?
Not true. The HK Government has always operated on the basis of fair and open competition.
No country is given
KS1ADZ/6
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