Today: May 27, 2017, 3:37 pm
  
Business

Hong Kong-Shanghai Delegation Visits Thailand and Vietnam

Hong Kong-Shanghai Delegation Visits Thailand and Vietnam
New Opportunities for Infrastructure Collaboration under Belt and Road

 

PR-Inside.com: 2017-05-13 12:31:51
HONG KONG, May 12, 2017 - (ACN Newswire) - A Hong Kong-Shanghai joint infrastructure investment delegation visited Thailand and Vietnam this week to discuss cooperation and investment opportunities driven by growing intra-regional cooperation in Asia, especially under the Belt and Road Initiative.

The delegation, organised by the Hong Kong Trade Development Council (HKTDC) in association with the Hong Kong and Macao Affairs Office of the Shanghai Municipal People's Government, comprised some 40 investors and services professionals from Hong Kong and Shanghai. The delegates included those with interest and expertise in finance, consultancy, architecture, energy, waste and water treatment, engineering and construction, legal and accounting, transportation as well as other sectors.


- High-level discussions on infrastructure collaboration

During the 8-9 May Bangkok visit, the delegation was received by Thai Prime Minister General Prayut Chan-o-cha at the Government House, met with Thai Minister of Finance Apisak Tantivorawong, and participated in the "Thailand-Hong Kong-Shanghai Strategic Partnership on One Belt One Road" seminar organised by the Thai government. Senior Thai government officials including Deputy Prime Minister Dr Somkid Jatusripitakand and Minister of Industry Dr Uttama Savanayana spoke on topics such as Thailand's Eastern Economic Corridor development and the advantages of public-private partnerships. A memorandum of understanding (MoU) was signed between the Office of the Eastern Economic Corridor Development and the HKTDC.

On 10-12 May, the delegation went to Hanoi and Ho Chi Minh City, Vietnam to meet with Prime Minster Nguyen Xuan Phuc, and had a series of meetings with senior government leaders including Nguyen Chi Dung, Minister of Planning and Investment, Nguyen Hong Truong, Deputy Minister of Transport, and Nguyen Duc Chung, Chairman of Hanoi's Peoples Committee to promote closer partnership between Hong Kong, Shanghai and Vietnam in infrastructure development.

- The Hong Kong-Shanghai advantage

Speaking at the "Hong Kong and Shanghai: Your Infrastructure Investment Partner" seminars, held in Bangkok and Ho Chi Minh City on 9 and 11 May respectively, HKTDC Chairman Vincent HS Lo said, "Infrastructure is a priority not only in the Belt and Road Initiative, but also in the development plans of many countries in the Asia region. To facilitate investment opportunities for these large, long-term projects, we have joined forces with Chinese enterprises from Shanghai and the mainland to combine our talent and resources to explore opportunities in Thailand and Vietnam."

"The high-level meetings with the Prime Ministers of both countries gave us the opportunity to demonstrate the powerful proposition of this partnership to bring benefits to projects," added Mr Lo. "I am also excited to know that some of our delegates already have new leads to develop, while others made new contacts and acquired valuable information."

"Thailand and Vietnam are important participants in the Belt and Road Initiative, which offers business opportunities we have not seen before," said Zhou Yajun, Deputy Director General, Hong Kong and Macau Affairs Office of the Shanghai Municipal People's Government and an advisor to the delegation.

"Shanghai has many enterprises with strong experience in infrastructure, especially in the design, construction and management of overseas projects. These enterprises have also played a pivotal role in Shanghai's urban development. Hong Kong has an advanced financial system and a wealth of international professional talent," said Mr Zhou. "We are delighted that our complementary strengths can provide a rich platform that can open up an even wider scope of opportunities in infrastructure and related areas. I hope this is the beginning of long-term partnerships and rewarding business opportunities."

During the seminars, Hong Kong and Shanghai delegates representing the investment, financial and professional services sectors had in-depth discussions with Thai and Vietnamese project owners including the Industrial Estate Authority of Thailand (IEAT), the Thai Contractors Association (TCA), VTP Investment Group and Sunny World Property to exchange views and identify areas for cooperation in infrastructure investment.

Photo: 'On May 8, the Hong Kong-Shanghai joint infrastructure investment delegation was received by Thai Prime Minister General Prayut Chan-o-cha at the Government House.'

Photo download: bit.ly/2pqoich.

About HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.

Google+: plus.google.com/+hktdc

Twitter: www.twitter.com/hktdc

LinkedIn: www.linkedin.com/company/hong-kong-trade-development-council

Contact:

Hong Kong:

HKTDC Communication and Public Affairs Department

Joe Kainz

Tel: +852 2584 4216

Email: joe.kainz@hktdc.org

Press Information


Published by
ACN Newswire
+65 6304 8926
e-mail
www.acnnewswire.com



# 823 Words
Related Articles
More From The Author
Fullshare (607.HK) Vanquishes Short-Sellers with Transformation of [..]
By Finet News Service, all rights reserved. HONG KONG, May 11, 2017 - (ACN Newswire) - After its 17.46% and [..]
HK Regulatory Authorities cannot turn a Blind [..]
By Finet News Service, all rights reserved. HONG KONG, May 10, 2017 - (ACN Newswire) - Short-sellers have been terrorising [..]
The Retaliation of Fullshare (0607.HK) will cause [..]
By Finet News Service, all rights reserved. HONG KONG, May 10, 2017 - (ACN Newswire) - Fullshare experienced a 15.1% [..]
New Silkroutes Group Upgrades FY2017 Revenue Forecast [..]
International Energy Group achieves net profit of US$1.8 million for first nine months of FY2017, reversing loss of US$0.2 million [..]
CITIC Telecom CPC Becomes the First IaaS [..]
Demonstrating the company's dedication to providing cloud services with high security standard to satisfy its customers' needs [..]
 
More From Business
Myfloralkart.com Unveils an Unique and Affordable Way [..]
MyFloralKart, 27 May, India: - Irrespective of circumstances, one must always find a way to express their love and care [..]
SAG GEST - SOLUÇÕES AUTOMÓVEL GLOBAIS, SGPS, [..]
SAG SGPS, SAThis announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.The issuer [..]
Banca IFIS buys from Barclays a performing [..]
Mestre (Venice), 26 May 2017 - Banca IFIS has finalized an agreement for the purchase of a loan portfolio having [..]
Mandatory Notification of Trade
Hossein Safaei, Manager of Development and Planning and Board Secretary, has on 26 May 2017 bought 40,000 shares in DNO ASA, [..]
Songa Offshore SE : Mandatory Notification of [..]
Reference is made to the press releases as of 14 November 2014 and 23 November 2016 regarding incentive programs established [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.