International Trade
Business Hub Silk Road revival
A major delegation from the vibrant and fast growing Hong Kong special administration region in China has visited Birmingham. The delegation, led by the director general of the
Hong Kong Trade Development Council (HKTDC), Priscilla To, hosted an event at the Chamber’s offices in Edgbaston, to spell out the trade opportunities available in Asia for British companies. The delegation also took the opportunity to
explain and promote China’s key new economic strategy, ‘Belt and Road’. Belt and Road is a new approach to one of
China’s oldest trading routes with Europe, the Silk Road, which basically extended from the north of China to Venice. The strategy is focused on improving
connectivity and co-operation between Eurasian countries, and at the same time will boost China’s influence in global trading. The initiative will take
in some 60 countries and will accelerate economic growth across the Asia Pacific area and Europe. It will involve major spending on infrastructure
in the next decade, much of it in what is known as the Silk Road Economic Belt, which centres on
Let’s make music: Louise Derrick with budding musicians (from left) Zahra Sultana, Maryam Fitzpatrick Jalalian and Thyrone Bennett
countries on the centuries old Silk Road. As well as this, Belt and Road includes the
Maritime Silk Road, which will focus on the South China Sea, the South Pacific Ocean and the Indian Ocean. Ms To said: “We are very pleased to come to
Birmingham to promote Hong Kong opportunities to businesses here. Hong Kong is a platform for businesses to tap into the Asian and Chinese markets, and we will be introducing the Belt and Road initiative and what Hong Kong can offer.”
T: 0121 450 4205 E:
ibh@birmingham-chamber.com
Birmingham showcased at property summit
Birmingham has continued chasing investment from Asia after the city was showcased at an international property summit, ‘MIPIM Asia’. City council corporate director for
economy Waheed Nazir led a Birmingham delegation at the two-day Hong Kong event, aiming to capitalise on the city’s growing reputation in Asian markets as a prime real estate investment market. He outlined Birmingham's growth agenda
and highlighted the huge investment opportunities presented by a range of major projects including Birmingham Smithfield, the Curzon Investment Plan and the forthcoming High Speed Two rail project. Waheed Nazir said: “Birmingham has a
growing reputation in Asian markets as an investment destination. Leading Asian investors see Birmingham as an attractive proposition due to our youthful demographics, key occupiers such HSBC coming in, the progression of HS2 and a diverse set of investable propositions.”
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