14th IIICF end with 39 deals worth US$6.7 billion: IPIM

2023-06-05 03:21
BY Ginnie Liang
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The 14th International Infrastructure Investment and Construction Forum (IIICF), co-organised by the China International Contractors Association and the Macau Trade and Investment Promotion Institute (IPIM), wound up on Friday at The Venetian Macao Cotai Expo, resulting in the signing of 39 cooperation agreements worth US$6.7 billion, according to an IPIM statement on Friday.

The agreements cover a wide range of fields such as transport, construction, electrical power engineering, water conservancy construction, new energy, integration of industries, universities and research institutes, and talent training, the statement said.

The two-day forum, which focused on green and low-carbon as well as digital intelligence-driven development trends, new energy and new materials, attracted over 3,000 guests from over 60 countries and regions from the infrastructure sector to attend with a view to jointly promote the high-quality development of international infrastructure cooperation, the statement noted.

Fang Qiuchen, chairman of the association, said in a speech during a press conference at Cotai Expo that this year’s IIICF forum was the most well-attended in the history of the event, showcasing the achievements and opportunities of green, low-carbon and digital intelligence-driven cooperation in the global infrastructure industry, the statement said.

IPIM President Vincent U U Sang underlined that during the event, 220 business meetings were organised, 46 of which involved Macau enterprises and, for the first time, Macau’s integrated resort operators were invited to participate in the event to promote the “industry + MICE” cross-sector linkage, bringing new business to Macau’s construction and logistics industries, the statement said.

U also noted that some of the guests who came to Macau to participate in the forum went on field trips to the Guangdong-Macau In-depth Cooperation Zone in Hengqin, Shenzhen and other cities in the Greater Bay Area (GBA), reflecting the forum’s role in attracting and stimulating business opportunities, the statement said. 


This photo provided by the Macau Trade and Investment Promotion Institute (IPIM) on Friday shows participants attending a briefing at the 14th International Infrastructure Investment and Construction Forum (IIICF) at The Venetian Macao Cotai Expo.


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