Hong Kong Signs MOU with Saudi Arabia on Belt and Road Collaboration

On August 29, The Belt and Road Office (BRO) and the Ministry of Investment of Saudi Arabia (MISA) signed a Memorandum of Understanding (MOU) to enhance collaboration in infrastructure and construction. The signing was witnessed by the Chief Executive, Mr. John Lee.

Under the MOU, the MISA would provide information on infrastructure and construction projects to Hong Kong and seek to overcome obstacles that Hong Kong companies may face in accessing the Saudi Arabian market, while BRO would share information on Hong Kong's professional services with the MISA, with a view to utilising each other's platform for investment promotion, tendering and fundraising.