The 9th International Infrastructure Investment and Construction Forum Successfully Concludes with Satisfying Achievements

The Press Conference of the 9th International Infrastructure Investment and Construction Forum

The 9th International Infrastructure Investment and Construction Forum was successfully concluded today (8 June). At thistwo-day event, 14 special forums, symposiums, parallel forums and events, over160businessmeetings and matching sessions were held in two days, and 17 co-operation project agreements were signed, including3involving the collaboration between China and Portuguese-speaking countries, yieldingfruitful results.

Guided by the Ministry of Commerce of the People's Republic of China, the Government of Macao Special Administrative Region, and the Liaison Office of the Central People's Government in the Macao S.A.R, and jointly organised by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, the signing ceremony and press conference for the 9th International Infrastructure Investment and Construction Forum were held today.

Patali Champika Ranawak, Minister of Development of the Metropolitan Region of Sri Lanka and Western Province, Volodymyr Omelyan, Minister of Ukrainian Infrastructure Ministry, Ronald Kaoma Chitotela, Minister of Housing and Infrastructure Development of Zambia, Fang Qiuchen, President of China International Contractors Association, Jackson Chang, President of the Macao Trade and Investment Promotion Institute, and Shao Yingjun, Deputy Director of US Ministry of Commerce attended the event.

Jackson Chang made summary on three aspects on this forum. First, this forum provided innovative ways of thinking on international infrastructure development and co-operation. This Forum takes "New Growth Drivers for Better Infrastructure and Closer Connectivity" as the theme and discusses all kinds of innovative technologies, industries, business forms and modes, with emphasis on the impact of technology revolution and innovation on infrastructure; second, the forum enhanced the interconnection and exchange of information on development on an international level. The forum provided communication and sharing platform, and issued theBelt and Road Infrastructure Development Index (2018)and theAnnual Report on the Development of Belt and Road Construction (2018)that can provide data and prospect assessment to facilitate the development and co-operation for infrastructure enterprises from Mainland China, Macao and countries along the Belt and Road; third, Macao’s role in the development of Belt and Road had made a breakthrough. At this forum, the “International Financial Executive Dialogue:Attracting More Social Capital to Invest in Infrastructure”, the parallel session on the Hong Kong-Zhuhai-Macao Bridge and the Guangdong-Hong Kong-Macao Greater Bay Area Development and the Infrastructure Construction Seminar of China and Portuguese-speaking Countries had demonstrated the function of Macao’s role as a platform and its regional advantages to contribute to the construction of Belt and Road through unimpeded trade, financial integration, and people-to-people bonds.

When summarising this forum, Fang Qiuchen pointed out three features of the 9thIIICF: First, it had a clear theme. Second, it boasted wide participation. Third, it was innovative in forms. He concluded that these three features were mainly reflected in the following four aspects: First, the event enabled consensus of all parties; second, it promoted practical co-operation; third, the release of research outcome guided the industry trend in an authoritative manner; and fourth, it boosted the coordinated development between Macao and regional economy.

Over 1,800 politicians, businessmen and academics from more than 66 countries and regions, including 56 ministerial-level officials and representatives of over 630 companies related to the Fortune 500 of 2017, including Chinese and foreign financial investment institutions, international contractors, consultancy institutions and suppliers of industrial chain service attended the forum.

The 10th International Infrastructure Investment and Construction Forum will be held in Macao on 30 and 31May2019.

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