Unlocking Business Potential via the Belt and Road Initiative
HONG KONG SAR – Media OutReach Newswire – 30 June 2025 – As a leading global trade and financial center and a crucial component of the Belt and Road Initiative (B&RI), Hong Kong plays a vital role in linking the Belt and Road regions, which span roughly 150 countries worldwide.
The territory’s external trade with Belt and Road economies, excluding Mainland China, has surged by nearly 78 percent (3.2 times Hong Kong’s overall trade growth) from 2013 to 2024.
– Advertisement –
Capitalizing on this significant potential is a primary focus for the Hong Kong Special Administrative Region (HKSAR) Government, which is actively arranging outbound business missions to Belt and Road nations and inviting global policymakers, business leaders, investors, and scholars to attend the city’s flagship annual Belt and Road Summit.
Chief Executive John Lee has led high-level delegations to four of the six Gulf Cooperation Council countries, most recently visiting Kuwait and Qatar, as well as six of the ten ASEAN Member States, which serve as Hong Kong’s second-largest trading partner.
Advertisements
Last week, the Belt and Road Office (BRO) of the HKSAR Government’s Commerce and Economic Development Bureau organized an infrastructure and construction mission to Indonesia and Malaysia from June 22-26, 2025.
The Commissioner for Belt and Road, Mr. Nicholas Ho, led a delegation to visit Indonesia and Malaysia last week.
These visits strengthen government-to-government relations, connect project owners with investors, and highlight Hong Kong’s unique advantages under the “one country, two systems” framework, which includes the city’s common law system and the free flow of capital and talent. They also foster partnership opportunities by showcasing Hong Kong’s expertise in professional services across various sectors, including engineering, architecture, surveying, design, legal, and financial services.
Among these companies is the Hong Kong-based green technology start-up i2Cool, which has introduced its cooling systems in the UAE, successfully applying its i2Coating to the rooftop of the Dubai Mall. This effort resulted in a 20% reduction in air-conditioning energy consumption. During last week’s mission to Indonesia and Malaysia, i2Cool established memoranda of understanding (MOUs) with local partners.
Advertisements
A Hong Kong company is also making strides with a data center investment in Jakarta, Indonesia, capitalizing on digital infrastructure opportunities to advance the Digital Silk Road and enhance connectivity. This Tier III hyperscale facility is optimized for secure data handling, starting with a 20MW IT load. Equipped with advanced security features and ongoing monitoring, the data center can quickly address potential issues, reducing downtime and improving business productivity. The HKSAR Government and its Belt and Road Office facilitated connections with local partners through networking events, reinforcing Hong Kong’s position as a “super connector” and “super value-adder” in significant deal-making.
– Advertisement –
The professional services sector thrives in Hong Kong due to the city’s strong legal framework and commitment to the rule of law. As the only common law jurisdiction within China, its legal environment in business aligns closely with those of leading global financial centers.
As a result, the newly established International Organization for Mediation (IOMed) will locate its headquarters in Hong Kong. IOMed aims to be the first intergovernmental international legal entity dedicated to resolving global disputes through mediation. It will provide a platform for countries involved in the B&RI and beyond—regardless of culture, language, or legal system—to address international disputes founded on mutual respect and understanding.
Additionally, Hong Kong is set to host the 10th edition of the Belt and Road Summit on 10-11 September 2025. This event will gather senior government officials and business leaders from B&RI-associated and other regions to share insights on multilateral cooperation and explore concrete business opportunities.
Thousands of policymakers, business leaders, investors, and academics attend the annual Belt and Road Summit.
Last year’s summit attracted over 6,000 participants from across the globe, featuring more than 90 distinguished speakers. The event also facilitated over 800 one-on-one business matching sessions and showcased more than 110 exhibitors, generating business opportunities throughout the Belt and Road regions.
Hashtag: #hongkong #brandhongkong #asiasworldcity #beltandroad #B&R
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
Powered by WPeMatico
– Advertisement –