Hong Kong can be of great help to the Philippine government’s ambitious plan to build more roads, railways, bridges and the like infrastructure projects, especially under the China-proposed Belt and Road Initiative aimed at improving connectivity and cooperation, a Hong Kong business executive told Xinhua in an exclusive interview recently.
Chen Zhangcheng, chair of Hong Kong Chamber of Commerce of the Philippines, said Hong Kong-based businessmen can sink in their capital in Southeast Asian countries like the Philippines. By investing in ASEAN countries, he said, more jobs will be created in the region.
“The Philippines is particularly eager to attract investment from Hong Kong, as it enjoys geographical advantages. You can see their officials trying hard to introduce projects and business prospects in the Philippines in every expo and forum held in Hong Kong,” Chen said.
What is China’s new economic initiative One Belt One Road’s relevance to Davao and Mindanao?
The FCHCSI will hope to answer this by sponsoring a forum on July 15. This was the output at a planning meeting yesterday attended by FCHCSI officials and supporters.
Proposed to be invited at the forum tentatively set at the Davao Christian School are representatives from the Chinese Embassy in Manila, business groups with ongoing collaboration with Chinese firms and the Mindanao Development Authority (MinDA).
OBOR is the economic and infrastructure development program of China to reconnect Asia with Europe through the old Silk Road trade route and the Maritime connectivity to promote prosperity in countries from China, east Asia, South Asia, Central Asia, Europe and Africa.
(From left, Atty Jun Nugas, Peter Tiu Lavina, John Carlo Tria, Manila Bulletin Mindanao Editor Jonathan Santes, Danny Te of DFA General Santos, Amado So and Edward Geguerra of Philtram DRT Monorail)