TNAG-2743-FCO40-3958-Visits-by-Commonwealth-officials--ministers-and-public-figur-1993 — Page 71

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

said they were regarded as less bureaucratic than other

DFIS. Three Posts commented that CDC could not provide

loans on terms as soft as other institutions.

Question 14

Are you satisfied that CDC consult you adequately about

their proposed investments?

Almost all Posts felt that

consultation by CDC was

adequate, though one or two said they were informed of

CDC's proposals rather than consulted about them and would

have liked more contact with London (rather than with the

local CDC representative) over some specific projects. One

Post regretted that CDC had not taken them into their

confidence more fully about their future strategy when

beginning a new programme.

Question 15

Is there scope for CDC to have a higher level of

investments in your country?

Most Posts said there was scope for more CDC investments

and added that CDC was actively seeking them. Constraints

included the economic circumstances of the recipient

country, limited opportunities especially in the private

sector, and high risks in some areas, and past payment

problems.

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