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Belt and Road Summit Sets Record with 45 Agreements, Reinforcing Hong Kong's Global Economic Role

By Burstable Editorial Team

TL;DR

The Belt and Road Summit offers businesses a strategic advantage through 45 signed MoUs and 800+ project meetings, enabling global expansion and market access.

The Summit facilitated 45 MoUs across sectors like aviation and energy, with 300+ projects showcased and 800+ meetings arranged over two days.

Cross-border collaborations signed at the Summit improve livelihoods through agri-tech and water treatment, fostering sustainable development and economic growth.

Hong Kong's Summit connected 70+ countries with innovative deals, from poultry tech in Indonesia to carbon credit education in Asia.

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Belt and Road Summit Sets Record with 45 Agreements, Reinforcing Hong Kong's Global Economic Role

The 10th Belt and Road Summit concluded with unprecedented success, drawing 6,200 participants from over 70 countries and regions and producing a record 45 memoranda of understanding across critical sectors including aviation, energy, finance, infrastructure, and technology. Jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, the event facilitated more than 800 one-to-one project matching meetings while showcasing over 300 investment projects, solidifying Hong Kong's strategic position in global economic collaboration.

Among the signed agreements, nine represented government-to-government partnerships while thirty-six were business-to-business collaborations spanning multiple regions including Mainland China, ASEAN countries, the Middle East, Australia, Germany, and the United States. A particularly significant memorandum was signed between HKTDC and Invest Oman to promote bilateral economic cooperation and knowledge exchange, demonstrating the summit's role in fostering international economic ties.

The summit featured cross-sector partnerships with substantial social impact, including a joint venture between Indonesia's Chickin PTE LTD and Hong Kong's LINKTA Technologies Limited to apply advanced agricultural technology in Indonesia's layer hen market. This collaboration aims to improve local livelihoods through enhanced farming efficiencies, showcasing how technological innovation can drive sustainable development in emerging markets.

International enterprises utilized the platform to forge strategic alliances, including a four-party agreement between Australia's Planex, Germany's ESCP Business School, Hong Kong's Carbon Offset Association Limited, and the United States' Arx Veritas to develop ESG and carbon credit trading education in Hong Kong. This collaboration reinforces Hong Kong's emerging role as a carbon expertise hub in the Asia-Pacific region, positioning the city as a leader in sustainable finance and environmental markets.

Additional significant agreements included New Zealand's Infinite Water Limited signing two memoranda with U.S. firms Realtime Purity and DAUM Consulting to advance water treatment technology commercialization, addressing critical global water security challenges through international cooperation and technology transfer.

The summit introduced innovative elements to enhance collaboration, including a Signature Projects session featuring major infrastructure developments in Thailand and Saudi Arabia, and an expanded exhibition area with a dedicated ASEAN Zone. These initiatives, coupled with the ongoing online deal-making platform active through September 16, demonstrate the event's commitment to fostering substantive cross-border cooperation. The continued expansion of the Belt and Road Initiative through such platforms solidifies Hong Kong's functional role in global economic integration and development partnerships.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

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