Record 45 MoUs Signed at 10th Belt and Road Summit, Strengthening Global Economic Ties

The 10th Belt and Road Summit concluded successfully after attracting 6,200 participants from more than 70 countries and regions, resulting in a record 45 memoranda of understanding signed across aviation, energy, finance, infrastructure and technology sectors. The summit, jointly organized by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council, showcased Hong Kong's strengths as a super connector and super value-adder in dealmaking, reinforcing its role as a functional platform for the Belt and Road Initiative.

The summit facilitated the signing of 45 MoUs, including 9 government-to-government and 36 business-to-business agreements, spanning Mainland China, Hong Kong, ASEAN countries, the Middle East, Australia, Germany, Hungary, Kazakhstan, New Zealand, Pakistan and the United States. One notable agreement was signed between HKTDC and Invest Oman to promote investment and business cooperation, facilitating bilateral economic collaboration and knowledge exchange between the two economies.

Several business-to-business MoUs included cross-sector collaborations with significant social impact, such as partnerships between finance and agri-tech sectors. A joint venture agreement was signed between Chickin PTE LTD from Indonesia and LINKTA Technologies Limited from Hong Kong for applying agricultural technology to Indonesia's layer hen market, supporting business expansion while improving local livelihoods. Tubagus Syailendra, Co-founder and CEO of Chickin, emphasized that this partnership aims to enhance food security cooperation between China and Indonesia while developing poultry technology to support farmers' efficiencies throughout the value chain.

International partnerships were forged through multi-party agreements, including one between Planex from Australia, ESCP Business School from Germany, Carbon Offset Association Limited from Hong Kong and Arx Veritas from the United States to jointly develop ESG and carbon credit trading education in Hong Kong. This collaboration reinforces Hong Kong's role as a hub for carbon expertise in the Asia Pacific region. Colin Lam, Co-Founder of Planex, noted that Hong Kong's established position as one of the world's top three financial centers makes it an ideal hub for extending carbon exchange business to mainland China and the Middle East.

The summit featured more than 300 matched investment projects and arranged over 800 one-to-one project matching meetings for Belt and Road deal making, helping enterprises connect precisely with potential partners. The exhibition area hosted over 120 exhibitors showcasing innovative solutions and industry strengths, while new elements including the Signature B&R Projects-featured Session and ASEAN Zone enhanced collaboration opportunities. Special address sessions featured government officials from Laos and Indonesia, along with representatives from the World Economic Forum, fostering cross-regional dialogues and promoting multilateral cooperation through information exchange and experience sharing.