HKMA Supports AIIB’s use of Hong Kong as a Financing Center

Mr Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), spoke at a high level business seminar in Hong Kong today (8 November).  The seminar, organised by the Infrastructure Financing Facilitation Office (IFFO) of the Hong Kong Monetary Authority (HKMA) and entitled “President Jin Liqun on AIIB’s Operations and Projects”, attracted close to 300 industry leaders from various sectors including finance, architecture, building and construction engineering, project management and consulting, project development and operation, as well as professional services.

President Jin said at the seminar that Hong Kong’s application to become a member of AIIB is progressing well.  He said, “We welcome Hong Kong’s application for AIIB membership.  Hong Kong, among other applicants, is expected to become a member of AIIB in the coming months.  We look forward to new members playing an active role in the Bank.”

President Jin added that AIIB has plans to issue bonds to support infrastructure financing at an appropriate time.  “As a world-class financial centre with a robust business architecture, deep and active capital markets, AIIB will certainly consider Hong Kong’s strengths when it issues bonds.”

Mr Norman TL Chan, Chief Executive of the HKMA, said, “We welcome the opportunity to collaborate with AIIB in its bond issue.  As Hong Kong develops into a key infrastructure financing centre in the region, our businesses and financial institutions look forward to playing an active role in AIIB’s operations and project management and contributing to its further development.”

The seminar forms part of IFFO’s continued commitment and efforts to promote information exchange and capacity building among the relevant key stakeholders in infrastructure investments and financing in the region.

Infrastructure Financing Facilitation Office
Hong Kong Monetary Authority
8 November 2016

Mr Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), talks about AIIB’s operations and projects at a seminar organised by the HKMA Infrastructure Financing Facilitation Office in Hong Kong today.

Mr Arthur Yuen, Acting Chief Executive of the HKMA, moderates the questions and answers session.

The Seminar attracts close to 300 industry leaders from various sectors including finance, architecture, building and construction engineering, project management and consulting, project development and operation, as well as professional services.