ONE BELT ONE ROAD We are very excited about the One Belt One Road (OBOR) initiative being led by China. Already well underway, OBOR will create great opportunities for contractors in the region. Product and process diversification and strategic acquisitions will allow us to obtain maximum value as the initiative is executed across Asia and Europe. Our opportunity will come from the Southeast Asia region. One Belt One Road Initiative (OBOR) • Connects 64 countries and over 4 billion people • Roadmap for how China wants to further integrate itself into the world economy and contribute to trading growth and economic development in these regions • Development strategy and framework - Unveiled by Chinese President Xi Jinping in September 2013 - Framework focuses on connectivity and cooperation among countries in Eurasia • New Silk Road Economic Belt will link China with Europe through Central and Western Asia • 21st Century Maritime Silk Road will connect China with Southeast Asian countries, Africa and Europe • To support OBOR, the Asian Infrastructure Investment Bank founded by China in 2014 with the participation of 56 other countries and is dedicated to lending for projects that are part of the initiative - In November 2014, President Xi Jinping announced plans to create a USD$40 billion development fund (The Silk Road Fund) which will be distinguished from the banks created for the initiative - Role of development fund is to lend money for projects (The Karot Hydropower Station in Pakistan was the first investment project of the Silk Road Fund) OBOR will serve to help address the excess in production of products like steel, copper, cement and aluminum while reconstructing the Silk Road Economic Belt and Maritime Silk Road to connect China, Western Asia, Southeast Asia, Africa and Europe. Hong Kong and Shanghai stand to benefit from OBOR due to their geographic location. Shanghai will continue to move towards a services driven economy and will play a relevant role in OBOR as one of the major airport connections to China. Hong Kong’s location connecting China to Southeast Asia and its position as an international finance, trade and shipping centre make it a pivotal point in the region. Hong Kong’s contractors are, for the most part, regional players active across Asia and our company has been serving many of them for over 50 years. Our OBOR strategy will continue to build on the transformation activities of the past years. We are becoming a specialist in infrastructure and will look to serve the needs of contractors across Southeast Asia while expanding our geographic reach inside China with Shanghai Bao Shun Chang International Trading Co., Ltd., Engineering Plastics and Building & Design Solutions. To know more latest article about OBOR, please click here. MILESTONES JAN 18, 2017 Belt-Road office to be enlarged The Hong Kong Government will expand the Belt & Road Office to take forward its work under the Belt & Road Initiative on a long-term basis. Delivering his 2017 Policy Address today, Chief Executive CY Leung said he will create directorate posts and other permanent positions in the office. JUL 10, 2015 "Belt and Road" initiative to promote SCO economic cooperation JUL 01, 2015 China's top legislature ratifies BRICS bank agreement JUL 01, 2015 Premier Li's visit opens new chapter in China-EU economic ties JUN 29, 2015 China-led AIIB agreement signed in Beijing JUN 29, 2015 Vice premier announces start of construction on China-Russia gas pipeline MAY 30, 2015 BOC improves layout to support Belt and Road APR 28, 2015 Belt and Road nations account for 26 percent of China's total trade APR 21, 2015 Silk Road Fund makes first investment in Pakistan's hydropower project MAR 30, 2015 A leading group formed to implement the "Belt and Road" initiatives LOAD MORE About Us - Introduction - Vision and Mission - Corporate Values - One Belt One Road - Achievements - Board of Directors and Committees - Sustainable Development - Presentation and Video Businesses - PROPERTY PLUS - CONSTRUCTION MATERIALS Projects - Commercial - Government - Hospitality - Infrastructure - Residential Investor Relations - Financial Highlights - Annual Reports - Interim Reports - Research Reports - Announcements and Circulars - Corporate Governance - Current Stock Price Press - Press Releases - Events Highlights Contacts Login - Webmail - Intranet Copyright © 2021 Hong Kong Shanghai Alliance Holdings Limited. All rights reserved. | Disclaimer | Web Design by YSD