[2019/05/31] The 10th International Infrastructure Investment and Construction Forum Concludes with Fruitful Results
The 10th International Infrastructure Investment and Construction Forum (IIICF) concluded with success today (31 May). The two-day event offer a total of 12 keynote forum, penal sessions and parallel forums, which were joined by more than 2,000 participants from over 70 countries and regions, including 56 government officials at or above vice-ministerial level from nearly 40 countries and regions. The number of attendees grew by 10% compared to last year. At the protocol signing ceremony, a total of 11 co-operation agreements were signed by China and different parties, mainly involving transportation, civil engineering, electricity engineering and mining.
Protocol signing ceremony and press conference of the10th International Infrastructure Investment and Construction Forum, which is collaboratively organised by the China International Contractors Association and the Macao Trade and Investment Promotion Institute (IPIM), were held today (31 May). Guests at the press conference included President of the China International Contractors Association Mr Fang Qiuchen, President of IPIM Mrs Irene Va Kuan Lau, Deputy Director of US Ministry of Commerce, Shao Yingjun, Minister of Works and Transport of Uganda Ms Monica Azuba Ntege and Minister of Economic Growth and Job Creation of Jamaica Mr Pearnel Charles Jr..
Mrs Irene Va Kuan Lau concluded this year’s IIICF with summary of three aspects: Firstly, this year’s IIICF has optimised the Forum’s mechanism and laid a new development path for the event. This year coincides with the 10th anniversary of the IIICF, many arrangements have been introduced in this edition of IIICF, including the launch ceremony of the IIICF Steering Committee and the Mainland China-Macao Belt and Road Business and Professional Services Council. These arrangements serve to enhance the top down management of the IIICF. Secondly, the IIICF and Macao’s role as the “Commercial and Trade Co-operation Service Platform” have generated synergy. The Belt and Road Infrastructure Development Index (2019) and the Annual Report on the Belt and Road Infrastructure Development Index (2019) released this year, wherein adds the data of Chinese enterprises’ participation in PSC infrastructure development, provide professional references for the international infrastructure sector to evaluate the prospect and opportunities of China-PSC infrastructure collaboration. Thirdly, the IIICF boosted the development of key areas and co-operation with third-party by building matching platform. A number of activities, together with exhibitions and business meetings took place during the two-day event, among which included “China-LAC Infrastructure Cooperation towards Quality and Sustainable Development” and “New Prospect of China-LAC Infrastructure Cooperation”. These activities aimed at expanding room for infrastructure collaboration between China and Latin America and Caribbean regions, nurturing an innovative collaboration model for both sides and enhancing the level of co-operation.
Fang Qiuchen concluded that this year’s IIICF has five characteristics: firstly, the IIICF focuses on hot topics and latest trends of the industry, effectively pushing international infrastructure collaboration forward to achieve “high quality and sustainable” development; secondly, the IIICF gathers infrastructure elites from all over the world, which has laid solid foundation for international infrastructure co-operation in the future; thirdly, the content design is effective, which is conducive to mutual benefit, industrial collaboration and multi-disciplinary co-operation; fourthly, the release of authoritative, cutting edge and up-to-date research outcome can provide guidance for enterprises to transform or upgrade themselves, enabling the sustainable development of the sector; fifthly, Macao’s elements are highlighted, allowing Macao’s deep participation in the “Belt and Road” and Guangdong-Hong Kong-Macao Greater Bay development. The IIICF also supports the moderate diversification of Macao’s economic growth. Attendees of the event also engaged in discussion on practical co-operation with Macao relevant sectors, bringing synergetic development of regional economy into reality.
The 11th International Infrastructure Investment and Construction Forum will be held in Macao from 4 to 5 June 2020.