Online actuarial expertise offered by Hong Kong’s JPWALL for insurance companies tackles risk factors across the Asia Pacific and Belt and Road Initiative – given that “InsureTech” is a hot word in the industry – says Group Managing Director, Jeremy Wall.
Poland is driving its rising logistics expertise for Belt and Road promise, says the Hong Kong Trade Development Council’s consultant in the country. Maciej Wilk says Polish companies currently control 25 per cent of Europe’s road transport, while Chinese mainland online giant Alibaba has chosen Poland as its European logistics hub.
Turkish tax and investment incentives provide distinct advantages for Belt and Road-related projects, according to the Hong Kong Trade Development Council’s consultant in Turkey.
The Hong Kong Trade Development Council teams up Hong Kong professionals including architects and project managers with Chinese mainland investors for major Belt and Road projects in ASEAN, says the HKTDC’s Regional Director of Southeast Asia and South Asia.
The third Belt and Road Summit, jointly organised by the Hong Kong SAR Government and the Hong Kong Trade Development Council, was held at the Hong Kong Convention and Exhibition Centre on 28 June 2018.
Under the theme “Collaborate for Success” the third Belt and Road Summit illuminated major Initiative developments. Shinta Widjaja Kamdani of Indonesia’s Sintesa Group spoke of Hong Kong playing a vital role as her company developed an eco-tourism special economic zone. Meanwhile, Mark Moseley of the Global Infrastructure Hub said Hong Kong has a huge advantage for handling significant public-private infrastructure project risks.
Vincent HS Lo, Chairman, Hong Kong Trade Development Council
Hong Kong’s legal, regulatory and institutional framework can particularly help manage Belt and Road infrastructure finance risks, says Mark Moseley.
With Myanmar being an important country under the Belt and Road Initiative, Yoma Strategic Holding’s Melvyn Poon says the company is putting much investment into local consumer products and services.
With over 1,000 tech companies and start-ups, Hong Kong Cyberport is a Hong Kong ICT leader and hub for the “Digital Silk Road”, said Chairman Dr Lee George Lam. Speaking beside the Belt and Road Summit, he said Cyberport start-ups offer a full range of new technologies including AI while Hong Kong as a leading financial technology centre is set to assist the rest of the Belt and Road market.
The Chinese mainland’s support and investment on Belt and Road prospects in the Philippines are welcomed by both the public and private sectors, says Manuel Pangilinan, Chairman of Metro Pacific Investments. He said Metro Pacific Investments is open to great opportunities for infrastructure contracting such as toll ways and bridges while Hong Kong can be the hub for Belt and Road business from Asia to Europe.