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Macao to hold 7th International Infrastructure Investment and Construction Forum

Xinhua, May 25, 2016 Adjust font size:

The seventh edition of International Infrastructure Investment and Construction Forum will be held in Macao on June 2 to 3, with over 1,400 representatives from global infrastructure players and institutions, said the forum's organizers here Wednesday.

The co-organizer Macao Trade and Investment Promotion Institute's executive director Irene Va Kuan Lau said at a press conference that 50 officials of vice-ministerial level and above from 35 countries and regions, and some 1,400 delegates from infrastructure contractors, financial institutions and consultant services will attend the forum.

"The financing is one of most urgent challenges for international infrastructure cooperation. According to Global Infrastructure Hub set up by G20, the financing gap of infrastructure investment market in 2030 will reach 10 to 20 trillion U. S. dollars. Traditional financing mode has been unable to meet the demand of current infrastructure construction," said Yu Xiaohong, vice chairwoman of another co-organizer China International Contractors Association (CHINCA).

According to CHINCA, the attending banks and financial institutions include China Development Bank, UBS, Sumitomo Mitsui, Islamic Development Bank, Asian Development Bank, International Finance Corporation and African Export-Import Bank.

The forum will hold multiple theme forums and panels, including the Second China-Latin America Infrastructure Cooperation Forum.

"Macao can play its unique role in financing market to provide financial platform and services for countries and regions along the route of 'One Belt, One Road', and help Chinese enterprises enter the markets of Portuguese-speaking countries," Irene Va Kuan Lau added. Endit