Hong Kong Hosts International Infrastructure Leaders Summit to Enhance Global Project Collaboration and Innovation

DEVB hosts International Infrastructure and Projects Leaders Summit

The Development Bureau (DEVB) today (November 15) hosted the International Infrastructure and Projects Leaders Summit, bringing together more than 500 major infrastructure project leaders and experts in infrastructure from over 20 countries and economies around the globe, including senior government officials from Mainland and overseas countries, and representatives of renowned international organisations such as the World Economic Forum and International Institute for Management Development, to delve into the strategies and policies of infrastructure delivery plans, and addressed the challenges and opportunities in implementing mega infrastructure projects under the theme of Strategic Leadership in Managing Complexity and Uncertainty in Infrastructure Delivery.

Addressing the Summit, the Secretary for Development, Ms Bernadette Linn, said that the Hong Kong Special Adminstrative Region Government is committed to investing in infrastructure and advancing land development projects to promote social and economic development. Despite many challenges, Hong Kong's infrastructure development has remained robust with world-class infrastructure recognised internationally. The Government has taken proactive stances to spearhead the transformation of the construction industry over the past few years, promoting advanced construction methods and materials, integrated digital technologies, as well as adopting new project delivery model. Through exchanges that transcend geographical and sectoral boundaries at the Summit, the Government hopes to pool wisdom on the delivery of projects with enhanced efficiency and quality. She also mentioned that under the unique advantages of "one country, two systems", Hong Kong would continue to capitalise on the privilege of enjoying strong support of the motherland and being closely connected to the world, and consolidate its position as an international infrastructure centre, uniting the world's best talent, knowledge and investment to address upcoming challenges and promote quality infrastructure development.

Speaking at the Summit, the Vice Minister of the Ministry of Water Resources of the People's Republic of China, Mr Li Liangsheng, said that the Third Plenary Session of the 20th Central Committee of the Communist Party of China stressed the need to establish a system for the planning and standardisation of new infrastructure facilities, optimise the mechanism for the integration and utilisation of new infrastructure facilities, promote the digital transformation of conventional infrastructure, expand the diversity of investment and financing channels, and enhance the co-ordination mechanism for major infrastructure development. The Summit will inject impetus generated in the Guangdong-Hong Kong-Macao Greater Bay Area into the national development of new quality productive forces. It will further promote international infrastructural co-operation and bring far-reaching significance.

In his keynote presentation, the Permanent Secretary for Development (Works), Mr Ricky Lau, said that the Government is taking forward the Northern Metropolis, the Kau Yi Chau Artificial Islands project as well as a number of major transport infrastructure projects. He stressed the Government's commitment to be an "enabler" fostering innovation and industrialisation to drive industry enhancement, and added that Hong Kong's diverse talent pool is also one of its most significant advantages, allowing the city to play a leading role in the construction industry.

The presentation and plenary sessions of the Summit gathered prominent infrastructure leaders and experts from various sectors worldwide, including government, academia, construction and finance, to share the latest initiatives and challenges facing infrastructure development. The first plenary session "The Next Growth Curve" highlighted the critical role of infrastructure in driving the city development and the next wave of global economic growth. The second session "Powerful Partnerships" explored effective financing and procurement strategies essential for advancing infrastructure projects within a culture of collaboration. The last session "Building Tomorrow" focused on how innovation and digital technologies are reshaping infrastructure development, promoting greater efficiency and sustainability.

At the Summit, the Building Technology Research Institute (BTRi) which was established by the DEVB in August this year to drive innovative applications in the construction industry, signed memoranda of understanding (MoU) with Mainland and overseas organisations, namely Guangdong Provincial Academy of Building Research and the Building and Construction Authority of Singapore, as well as three local universities, namely the University of Hong Kong, the Hong Kong University of Science and Technology and the Hong Kong Polytechnic University. These MoU would expand the collaboration network of the BTRi for the promotion of innovative application in the construction industry. The major development directions of the BTRi are to promote applied research and development (R&D), review and uplift standards ,as well as to provide accreditation, certification and testing.

DEVB hosts International Infrastructure and Projects Leaders Summit Source: HKSAR Government Press Releases

DEVB hosts International Infrastructure and Projects Leaders Summit Source: HKSAR Government Press Releases

DEVB hosts International Infrastructure and Projects Leaders Summit Source: HKSAR Government Press Releases

DEVB hosts International Infrastructure and Projects Leaders Summit Source: HKSAR Government Press Releases

DEVB hosts International Infrastructure and Projects Leaders Summit Source: HKSAR Government Press Releases

Speech by FS at Cathay 80 Years Together Dinner

Following is the speech by the Financial Secretary, Mr Paul Chan, at Cathay 80 Years Together Dinner this evening (September 15):

Guy (Chair of Cathay Group, Mr Guy Bradley), Deputy Director Zhang Yong (Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region), Deputy Commissioner Li Yongsheng (Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People's Republic of China in the Hong Kong Special Administrative Region), Ronald (Chief Executive Officer of Cathay Group, Mr Ronald Lam), Consuls-General, distinguished guests, ladies and gentlemen,

Good evening.

It is a great pleasure to celebrate Cathay Pacific's 80th anniversary with you. Tonight, we celebrate not only an airline, but a journey that belongs, in a very special way, to Hong Kong.

From Betsy, your pioneering DC-3, to today's global network, Cathay has grown together with Hong Kong. Even your name speaks of ambition: "Pacific" expressed the dream of crossing that vast ocean, long before the airline could do so. That spirit - starting modestly, thinking boldly and looking outwards - is unmistakably Hong Kong.

For generations, Cathay has been part of life's most meaningful journeys: the first trip abroad, departure for university, a business venture and a long-awaited reunion. And for returning travellers, that familiar welcome on board brings a comforting feeling: home is already a little closer.

Of course, your journey had difficult chapters. During the pandemic, the Government's support reflected our determination to safeguard Hong Kong's status as an international aviation hub and our confidence in Cathay's role within it. That was an investment in our shared future. And it was your people - their professionalism, perseverance and dedication - who helped turn confidence into recovery.

Your work matters far beyond air connections. For Hong Kong, every new route is another opening for trade, investment and opportunity. This is our "super connector" role in practice: bringing businesses to markets, and people to one another.

Looking ahead, the National 15th Five-Year Plan explicitly supports Hong Kong in consolidating and enhancing our status as an international aviation hub. We are determined to translate that support into greater capacity, wider reach and lasting economic benefits.

Our Three-Runway System and newly opened Terminal 2 facilities provide more room for growth. The Airport Authority's expanded Airport City development, SKYTOPIA, will further strengthen our airport's appeal - as both a gateway and a destination.

With these developments, the Government is pursuing new air services agreements and expanded traffic rights, particularly with partners in the Middle East, Central Asia, Africa and South America. These efforts will give airlines more opportunities to expand their networks through Hong Kong and strengthen our Belt and Road connections.

Cathay's plan to launch direct flights to Almaty, Kazakhstan, in January 2027 is a welcome example. It will open a new gateway to Central Asia, creating opportunities for business, tourism, cultural exchanges and deeper friendship between our communities.

As the Government opens the way for wider air links, I encourage Cathay to seize these opportunities and add new destinations to your network.

In an uncertain world, we must pursue these opportunities with prudence as well as confidence. The case for bringing people together and opening up new markets is stronger, not weaker.

Cathay's commitment of around HK$150 billion to aircraft, cabins, lounges and digital innovation is a vote of confidence in Hong Kong's future. I look forward to seeing that investment deliver better journeys for passengers, rewarding careers for local talent, and fresh possibilities for our city.

As Hong Kong's home carrier, you are an ambassador for the city. For many visitors, their first impression of Hong Kong begins with your welcome, before they ever see our skyline. Safety without compromise, service with care and respect, onboard dining experience worthy of Hong Kong's reputation, and professionalism in every detail: these are the qualities that earn trust and make Hong Kong proud.

And, ladies and gentlemen, I am sure passengers would be delighted to see one more thing: your excellent service accompanied by equally attractive fares. Guy and Ronald, I shall leave that in your capable hands.

Happy 80th anniversary, Cathay Pacific. May you continue to bring the world closer to Hong Kong, and Hong Kong closer to the world - and wherever you fly, carry the warmth, ambition and spirit of this city with you. Thank you very much.

Speech by FS at Cathay 80 Years Together Dinner Source: HKSAR Government Press Releases

Speech by FS at Cathay 80 Years Together Dinner Source: HKSAR Government Press Releases