17-12-1993 18:58
RESTRICTED
P.02
PA Jardine.
142432 MDADAN 0116
RESTRICTED
FM BTC HONG KONG
TO IMMEDIATE DTI
TELNO INTRA 195
OF 090912Z DECEMBER 1993
INFO PRIORITY PEKING
PEKING FOR HAWORTH
-NCE COPY
YOUR TELNO INTRA 136: MAJOR PROJECTS IN HONG KONG
нив 180/2
19 DEC 1993
1. WE ARE NOT AWARE OF ANY BUSINESS BEING LOST IN HONG KONG AS A CONSEQUENCE OF THE IMPASSE ON THE TALKS.
2.
THE PROJECTS WHICH ARE BEING DELAYED AS A RESULT OF CHINA'S REFUSAL TO APPROVE THEM ARE THE WELL KNOWN ONES, NAMELY (I) THOSE CHEK LAP KOK NEW AIRPORT CONTRACTS WHICH REQUIRE COMMERCIAL FUNDING. THIS WILL NOT BE FORTHCOMING UNTIL THERE IS AGREEMENT WITH CHINA ON OVERALL AIRPORT FINANCING. THE CONTRACTS ARE: TERMINAL BUILDING, BAGGAGE HANDLING SYSTEMS, AUTOMATED PEOPLE MOVER SYSTEM: (II) THE FRANCHISE AGREEMENTS COVERING AIRPORT SERVICES, WHICH REQUIRE CHINA'S APPROVAL IE THE AVIATION FUEL DEPOT, AIRCRAFT MAINTENANCE WORKSHOPS, AIR CARGO SYSTEMS AND CATERING: (III) TME MTRC AIRPORT ̃KAILWKIT AND (IV CONTAINER TERMINAL 9.
3. THIS DOES NOT MEAN THAT THE ENTIRE AIRPORT PROJECT IS STALLED. THE EXTENSIVE PARTS OF IT WHICH HKG ARE FUNDING, ARE GOING AHEAD AS PLANNED AND ON TIME. THESE ARE PROVIDING EXCELLENT BUSINESS FOR BRITISH COMPANIES.
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