business · RTHK

Chan Ma-po Vows Continued Hong Kong Support for AIIB at Doha Annual Meeting

1 day ago2 MIN
Chan Ma-po Vows Continued Hong Kong Support for AIIB at Doha Annual Meeting

Summary

Financial Secretary Chan Ma-po attended the 11th Asian Infrastructure Investment Bank (AIIB) Board of Governors Annual Meeting in Doha, Qatar, reaffirming Hong Kong's commitment to supporting the bank's infrastructure initiatives. Speaking at a roundtable, Chan emphasized that enhancing climate resilience and digital infrastructure have become pressing needs for economies, requiring not just funding but full-cycle project planning and execution capabilities. Chan also addressed a seminar, showcasing Hong Kong's push to integrate artificial intelligence across public services and economic sectors.

Key Points

  • Financial Secretary Chan Ma-po attended the AIIB's 11th Annual Meeting in Doha, Qatar, participating in the opening ceremony, formal council session, and a roundtable on deepening support for member economies
  • At the roundtable, Chan said improving climate resilience and developing digital infrastructure are increasingly urgent priorities, requiring both capital support and full-cycle project planning capabilities
  • Hong Kong will continue supporting the AIIB in helping members with project preparation, creating favorable conditions for financing and smooth implementation of infrastructure projects
  • Chan welcomed the AIIB's establishment of an office in Hong Kong, pledging the city will leverage its international financial center status and professional services to boost regional infrastructure and sustainable development
  • At a seminar, Chan highlighted Hong Kong's "iAM Smart," Faster Payment System (FPS), and Commercial Data Interchange (CDI) as examples of digital infrastructure enhancing public services and cross-border transactions
  • During the visit, Chan met with Uzbekistan's Minister of Investment, Industry and Trade, and the CEO of Qatar Development Bank, and attended the AIIB Annual Meeting dinner with representatives from governments, multilateral organizations, and financial institutions
  • Chan departed Doha late Sunday night and is scheduled to arrive back in Hong Kong on Monday afternoon

Why It Matters

The engagement underscores Hong Kong's strategic role as a financial hub connecting international capital with infrastructure development across Asia, while positioning the city to attract more multilateral institutions seeking to leverage its professional services and regulatory expertise .
The engagement underscores Hong Kong's strategic role as a financial hub connecting international capital with infrastructure development across Asia, while positioning the city to attract more multilateral institutions seeking to leverage its professional services and regulatory expertise .

READ IT IN THE APP

Download on the App Store