POWERCHINA Issued the Global Proposal for Coordinated Development of Infrastructure & Eco-environment

On May 31, POWERCHINA issued the Connectivity, Green Development, Integration Innovation-Global Proposal for Coordinated Development of Infrastructure Eco-environment during the 10th International Infrastructure Investment and Construction Forum in Macao aiming to actively promote quality and sustainable development of infrastructure in a green way. This is the first proposal involved Coordinated Development of Infrastructure Eco-environment since the Second Belt and Road Forum for International Cooperation was held in Beijing and it represents a solemn promise that POWERCHINA will participate in the construction of a green “Belt and Road” together with all stakeholders. This proposal is also a green gift to celebrate the 20th anniversary of Macao's return and the 70th anniversary of the founding of China from POWERCHINA.

At noon, POWERCHINA held the POWERCHINA • Green Road business luncheon. The Chairman of POWERCHINA, ministers and officials from Philippines, Malaysia, Zambia, Zimbabwe, Dominica and other countries participating in the Belt and Road initiative, and the representatives from China International Contractors Association, Hong Kong Commerce Economic Development Bureau, the Export-Import Bank of China, China Development Bank, China Export Credit Insurance Corporation, China-Africa Development Fund and China-Africa Fund for Industrial Cooperation attended the business luncheon. Mr. Song Dongsheng, the Executive Deputy President of POWERCHINA Overseas Business Unit and President of POWERCHINA International, hosted the business luncheon. Mr. Yan Zhiyong, the Chairman of POWERCHINA, Mr. Joel Biggie Matiza, the Minister of Ministry of Transport and Infrastructural Development of Zimbabwe, Mr. Fang Qiuchen, the Chairman of China International Contractors Association, and Mr. Wang Wen, the Chief Economist of China Export Credit Insurance Corporation spoke as guest representatives.

Mr. Yan Zhiyong, the Chairman of POWERCHINA

After Mr. Liu Mingjiang, the Chief Financial Officer of POWERCHINA, read the proposal, Mr. Yan Zhiyong declared the launch of the proposal together with the Ministers from the countries participating in the Belt and Road initiative and the representatives from business associations and financial institutions in China.

This proposal includes three chapters, “connectivity for common prosperity”, “green development for eco-environment” and “Integration and innovation for high-quality development”, which indicate the determination and confidence of POWERCHINA to protect eco-environment and promote quality and sustainable development of international infrastructure together with all parties.

The President of People's Republic of China Xi Jinping points out that, the key for jointly constructing the “Belt and Road” is connectivity and the infrastructure is the cornerstone of connectivity, which is also the development bottleneck that many countries are facing. The infrastructure construction is closely related to the eco-environment. Only by coordinating the development of infrastructure construction with the eco-environment can sustainable development be realized, the Belt and Road be truly built into a green road, and our shared home be protected.

This proposal indicates that POWERCHINA is committed to the construction of the Belt and Road. As a leading construction company, POWERCHINA will continue to implement the philosophy of green development, protect the eco-environment and promote quality and sustainable development of international infrastructure. POWERCHINA will give a full play to our expertise in water and power, in planning and designing, in construction, investment and operation, joining hands with all parties to further promote quality construction and sustainable development of the “Belt and Road” with POWERCHINA’s wisdom, planning and strength.

During the 10th International Infrastructure Investment and Construction Forum in Macao, POWERCHINA was invited to attend a number of activities. In addition to hosting the POWERCHINA • Green Road business luncheon and issuing the Global Proposal for Coordinated Development of Infrastructure Eco-environment, POWERCHINA also held a forum themed “Energy Transition and International Cooperation on New Energy Resources”. Besides, POWERCHINA International was awarded Outstanding Contributor in the 10th International Infrastructure Investment and Construction Forum.

(ASIA PACIFIC DAILY)