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HOME > Economy

Financial seminar discusses HK's pivotal role in building sustainable B&R

May 16, 2018


HONG KONG, May 16 (Xinhua) -- More than 150 bankers, project financing experts, risk officers and professionals attended a seminar here on Tuesday to explore sustainable infrastructure financing opportunities under the Belt and Road Initiative.

Organized jointly by the Hong Kong Association of Banks (HKAB) and the Hong Kong Monetary Authority (HKMA) Infrastructure Financing Facilitation Office (IFFO), the seminar mainly focused on Hong Kong’s role in the Belt and Road construction.

Mr Vincent Lee, executive director (External) of HKMA and deputy director of IFFO, said that “Today's discussion clearly highlights the strengths of Hong Kong's platform in facilitating infrastructure financing and investments, and our credentials as a premier centre for green finance in the region. Going forward, IFFO will continue to work with private and public stakeholders closely to facilitate more bankable and sustainable infrastructure projects.”

Financing the colossal investment needs of economies in Asia and beyond will require all available sources of capital. Hong Kong banks are in a unique position to connect enterprises engaged in Belt and Road projects with capital, advice and other solutions, according to Ms. Diana Cesar, chairperson of HKAB. (Contributed by Zhang Huan, edited by Hu Pingchao, hupingchao@xinhua.org)

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