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HKMA opens Infrastructure Financing Facilitation Office

Financial Secretary John C. Tsang (third from right) and Chief Executive of the Hong Kong Monetary Authority Norman Chan (third from left) attend the launch of the Infrastructure Financing Facilitation Office.

The Hong Kong Monetary Authority (HKMA) launched the Infrastructure Financing Facilitation Office (IFFO) on July 4 to promote Hong Kong’s role as a fundraising and financing center for projects developed under the “Belt and Road” initiative. 

An integral part of the HKMA, the IFFO will provide a platform for building capacity and knowledge on infrastructure investments and financing, promoting market and product development and facilitating infrastructure investment and financing flows.

Hong Kong Financial Secretary John C. Tsang said Hong Kong is well-positioned to serve as the center for fundraising, project financing and asset-management for infrastructure projects in the region.

The IFFO’s launch was preceded by the signing of two memorandums of understanding with the International Finance Corporation and Global Infrastructure Hub to strengthen cooperation in utilizing the IFFO platform.

Mr. Tsang (seventh from right) and Mr. Chan (seventh from left) join other guests in proposing a toast at the launch.

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