Myanmar to collaborate with Hong Kong on BRI projects

Sub-title: 

Myanmar is set to cooperate with Hong Kong in addition to other countries along China’s Belt and Road Initiative, announced Minister of Investment and Foreign Economic Relations U Thaung Tun during the Fourth Belt and Road Summit 2019 in Hong Kong on Sept

Description: 

"The summit was organised by the government of Hong Kong and the Hong Kong Trade Development Council to promote business collaboration through the Belt and Road platform. More than 5800 representatives from 69countries attended the event. “Hong Kong and Myanmar are strategically located along the Belt and Road project. Hong Kong is a major economic entrance to China, a central area for logistics and is also a centre for financial services. On the other hand, Myanmar is a fast-growing country and so will cooperate with Hong Kong and other countries along the Belt and Road project,” U Thaung Tun said. He said Myanmar’s Sustainable Development Plan will work to include such sectors as investment, finance, logistics, and industry in implementing the Belt and Road Initiative, a global development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organisations in Asia, Europe, Africa, the Middle East, and the Americas. “Hong Kong is a strategic location with a lot of potential and will participate in the BRI through cooperation on policies and projects for the BRI by sharing extensive knowledge about the main prospects of Hong Kong, and promotion of Hong Kong’s service industry,” said Chief Executive of Hong Kong Mrs Carrie Lam Cheng Yuet-ngor..."

Creator/author: 

Chan Mya Htwe

Source/publisher: 

"Myanmar Times"

Date of Publication: 

2019-09-17

Date of entry: 

2019-09-17

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good