The Bali Flyover toll road and Moc Bai to Ho Chi Minh (HCM) City expressway will be among the projects pitched to investors at the Belt and Road Summit.
The increased focus on investment opportunities at the event – which takes places on 28 June in Hong Kong – reflects a shift toward more private sector involvement in projects under the Belt and Road Initiative, launched by China’s President Xi Jinping in 2013.
Along with the Bali Flyover and Moc Bai to HCM City expressway, other transport & logistics projects to be presented include: Clark International Airport and the Subic-Clark Railway; Anaklia Deep Sea Port and Anaklia Special Economic Zone in Georgia; and Port of Gdansk in Poland, where Macquarie Global Infrastructure Fund II and co-investors operate the Gdansk Deep Water Container Port.
The line up reflects a mix of financing structures, with the part official development assistance (ODA) funded Subic-Clark Railway set to boost freight demand at Clark International Airport. Bid submissions are due for the airport’s O&M contract on 20 July.
Meanwhile, the Bali Flyover toll road will improve access to the proposed North Bali Airport, with pre-feasiblity studies for the toll road undertaken by state-owned enterprises including PT Wastika.
At the same time, the Moc Bai to HCM City expressway will connect with an ODA-funded expressway on the Cambodian side of the Bavet-Moc Bai border.
This year’s summit will open with the signing of a free trade agreement between Hong Kong and Georgia, which encompasses dispute settlement and investment along with trade and other related agreements.
Project owners and sponsors presenting energy, natural resources & public utilities and rural & urban development projects include Aung Naing Oo, Director General of Myanmar Investment Commission; Marat Birimzhan, Deputy Chairman of Kazakh Invest; Helmi Maemozax, President of PT Petronesia Energi Internasional; Yewande Sadiku, CEO of the Nigerian Investment Promotion Commission; Shilong Xu, Chairman of Shanghai Geoharbour Construction; and Eliott Suen, Executive Director, Marga Group.
Investment and business matching sessions have been extended to a full day for this year’s event, with registration set to close on Friday (15 June).