HONG KONG, Dec. 2 (Xinhua) -- Kyrgyzstan is seeking more investment to facilitate its domestic infrastructure development, eyeing the financial hub Hong Kong as an important gateway to access funds.

Speaking at a roadshow in Hong Kong on Monday, Kyrgyzstan's Deputy Minister of Finance Amanbaev Umutzhan Mominovich said that the country hopes to establish connections with more international investment institutions to meet the growing demand domestically for infrastructure development, especially in fields such as green energy.

The roadshow, organized by brokerage firm TF International and China CITIC Bank International, saw a gathering of investors seeking to tap into the high growth opportunities in Central Asian countries.

Joseph Chan, under secretary for financial services and the treasury of the Hong Kong Special Administrative Region, said Kyrgyzstan's commitment to fostering a transparent and robust financial environment aligns closely with Hong Kong's vision as a leading international financial center.

Chan said that as a country participating in the Belt and Road Initiative, Kyrgyzstan is certainly Hong Kong's important trading partner in Central Asia.

"The Belt and Road Initiative has opened new avenues for cooperation and investment, and we believe that our collaboration can yield fruitful results for both our economies," he said.

TF International Chief Executive Officer Zou Chuan said that as a gateway between the Chinese mainland and the world, Hong Kong is a key hub for the internationalization of renminbi, facilitating its use in trade and investment.

Many Central Asian countries have high growth potential and seek to raise more funds, and Hong Kong can play a key role in meeting the demand, especially by providing funding in yuan, he said. Enditem

Related

Go to Forum >>0 Comment(s)