Pakistan will participate in the 12th International Infrastructure Investment and Construction Forum (IIICF) to be held in Macao on July 22-23.
Fang Qiuchen, Chairmen of China International Contractors Association (CICA), introduced that 12th IIICF themed “Joining Hands to Promote New Development of International Infrastructure Cooperation,” will focus on the opportunities and challenges facing international infrastructure cooperation in the post-epidemic era. More than 30 activities were arranged around the theme, which covered not only common focal points of the industry, but also the new trends and new formats of industry development, China Economic Net (CEN) reported on Tuesday. Yu Xioahong, vice president of CICA, said that although the epidemic has brought severe tests to the world economy and international trade, the huge demand for international infrastructure cooperation will not be decreased.
Looking ahead to the post-epidemic era, in the context of carbon neutrality, there will be greater business opportunities in new energy infrastructure, public health infrastructure, smart buildings and new infrastructure. Countries along Belt and Road Initiative (BRI), including Pakistan, have huge market development potential. Meanwhile, the One Belt And One Road National Infrastructure Development Index (2021) will be published at the forum.
