China / HK Macao Taiwan

HK can leverage on experience in infrastructural projects to support AIIB: financial chief

(Xinhua) Updated: 2016-01-16 23:11

HONG KONG -- Hong Kong's Financial Secretary John Tsang said on Saturday that Hong Kong can make use of its financing experience in infrastructural projects to support the Asian Infrastructure Investment Bank (AIIB).

Tsang attended the opening ceremony of AIIB and the inaugural meeting of the bank's board of governors as a member of the delegation of China in Beijing to witness the commencement of AIIB's operation.

Tsang said Hong Kong can leverage on its extensive experience and world-class professional services in the financing, planning and management of infrastructural projects to participate and support the work of AIIB, according to a statement released by the Hong Kong government.

The establishment of AIIB marked a milestone of international collaboration of promoting economic growth in Asian. Through financing infrastructural projects, AIIB can enhance regional and national cooperation and connectivity, as well as unleash the potential of Asian countries.

Hong Kong has been actively participating in the preparation of AIIB, and will continue to discuss with the central government and AIIB an appropriate arrangement for Hong Kong to join the bank as a non-sovereign region.

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