Brunei can serve as regional hub for Chinese investorssqwcgadmin
5th November 2015
BRUNEI can serve as a hub for Chinese investors keen to tap the ASEAN market.
According to Gary Ho, managing director of SQW China Limited and managing consultant for the BioInnovation Corridor (BIC), the sultanate’s strategic location will allow Chinese investors to explore more opportunities in Southeast Asia.
Ho said this in yesterday’s panel discussion on achieving economic prosperity during the 10th ASEAN-China People-to-People Friendship Conference at Tarindak D’Seni, Brunei Arts and Handicrafts Centre in the capital.
Ho said there is room to cooperate in the logistics sector as China wants to build on trade routes within the 21st Century Maritime Silk Road.
The 21st Century Maritime Silk Road is part of a trade and infrastructure network under the Belt and Road initiative which was proposed by China in 2013. This initiative aims to connect Asia, Europe and Africa.