Mature wechat ids

10-Jul-2019 01:46

Sponsors and promoters of projects need to ensure that sound pre-feasibility and due diligence work, including market demand analysis and financial modelling, is undertaken well in advance before engaging potential investors.

Despite the perception that investors are waiting with large amounts of capital ready for investment in government-backed or supported infrastructure schemes, competition for finance is high and investors will not entertain poorly tested proposals.

The government has identified four “core areas” essential in making the EEC a renowned economic zone: (1) increased and improved infrastructure; (2) business, industrial clusters, and innovation hubs; (3) tourism and; (4) the creation of new cities through smart urban planning.

The government predicts the creation of 100,000 jobs a year in the manufacturing and service industry by 2020 through the EEC.

Organisations such as Tf N will not be able to rely on government funding alone and competition for funding is fierce.

Private sector investors can bring new approaches to efficiency, value for money and innovation.

On the business level, the highlight was the discussions on how Hong-Kong-based companies can help the development of the Eastern Economic Corridor (EEC).

As explained in a recent article by Chris Birdsong, Atkins’ CEO for Asia Pacific, the key for development projects of this scale to succeed is for the public and private sectors to work together closely to increase projects’ bankability, therefore attractiveness to private sectors to invest.Atkins joined the mission as a key player in Hong Kong’s infrastructure sector and a strategic partner for HKTDC’s OBOR activities.I had the pleasure to join the other forty some leaders that are involved in the OBOR and infrastructure development with a diverse sector representation which made the trip particularly rewarding. We had the opportunity to meet with various senior Thai government officials including the Thai Prime Minister General Prayut Chan-o-cha, as well as many leading Thai companies.To achieve this, it’s important that we think differently about the way we do things, attracting private investment into transport infrastructure programmes and looking at alternative models of funding.Tf N is moving beyond rhetoric and will become the first sub-national transport body by March 2018.

As explained in a recent article by Chris Birdsong, Atkins’ CEO for Asia Pacific, the key for development projects of this scale to succeed is for the public and private sectors to work together closely to increase projects’ bankability, therefore attractiveness to private sectors to invest.

Atkins joined the mission as a key player in Hong Kong’s infrastructure sector and a strategic partner for HKTDC’s OBOR activities.

I had the pleasure to join the other forty some leaders that are involved in the OBOR and infrastructure development with a diverse sector representation which made the trip particularly rewarding. We had the opportunity to meet with various senior Thai government officials including the Thai Prime Minister General Prayut Chan-o-cha, as well as many leading Thai companies.

To achieve this, it’s important that we think differently about the way we do things, attracting private investment into transport infrastructure programmes and looking at alternative models of funding.

Tf N is moving beyond rhetoric and will become the first sub-national transport body by March 2018.

The public sector has a major role to play, in facilitating and attracting private sector investors to realise the full potential of aspirational development like this.