The Belt and Road Initiative Solar Opportunities for MENA and China
March 15, 2020 - March 16, 2020
China’s US$ 900 billion Belt and Road Initiative (‘BRI’) seeks to facilitate trade and cooperation across the land (‘belt’) and sea (‘road’) through 60 countries in Asia, Europe and Africa. The MENA region plays a significant role in the success of the BRI and there has been a number of cooperation arrangements between the MENA governments and China to promote investment into the region..
Last April and during the second Arab Forum on Reform and Development, China engaged in an array of partnerships called “Build the Belt and Road, Share Development and Prosperity” with 18 Arab countries. China became the largest foreign investor in the ME in 2017, driven by BRI with USD 20 billion worth of investment and construction projects by China firms since 2005 in the MENA region.
The MENA region offers a number of investment opportunities, namely in energy, infrastructure and high technology initiatives. Within this, the renewable energy sector and in particular solar has grown enormously in the MENA region driven by initiatives of countries such as Saudi Arabia with Vision 2030, UAE with Dubai Vision 2021 and others.
Join us to explore the huge opportunities both for MENA countries and for Chinese companies in the solar industry. This trade mission will be a chance to meet relevant stakeholders to explore 2 main aspects of these economic links: 1) the rise of new technologies benefiting the value chain and 2) the legal, regulatory and financial aspects to deliver the initiative in the MENA region.
See the agenda (coming soon)