Hong Kong trade promoter to form consortiums with firms looking for ‘belt and road’ ride
We can open doors and talk to government leaders, says chairman Vincent Lo
The Trade Development Council (TDC) is expanding beyond its promotional role to form consortiums with firms in Hong Kong and overseas hoping to cash in on mainland China’s ambitious “Belt and Road Initiative”.
Chairman Vincent Lo Hong-shui said he was planning to “re-prioritise” resources and expand the structure of the council – which in its 50-year history has primarily organised exhibitions, conferences and trade missions – to “facilitate” companies wishing to invest in nations involved in the scheme.
“We are planning to have a deputy executive director specifically for belt and road, and will also have a dedicated division,” Lo said in an interview with the Post on Friday.
“Individual companies may find it difficult to deal with a new country, especially the government – that is where the TDC can help. We can open doors and talk to government leaders.”
We can open doors and talk to government leaders
Lo led a delegation of Hong Kong and Shanghai businessmen to Thailand and Vietnam in May, where they were met by Thai Prime Minister General Prayut Chan-ocha and Vietnamese Prime Minster Nguyen Xuan Phuc.
