Hong Kong, April 14, 2014
During the second day of the High-Level Forum on South-South Cooperation, a meeting entitled, “Building Public-Private Partnerships: Presentation of Investment & Business Opportunities,” was hosted by the South-South Steering Committee for Sustainable Development to showcase some of the many opportunities and benefits that could result from cooperation between the public and private sectors. The event was attended by government officials, ministers, United Nations ambassadors and prominent members of the private sector, aiming to explore both new and previously established opportunities for partnership in the Global South.
The meeting featured a number of presentations from countries with investment opportunities including Guatemala, Lesotho, Sri Lanka, Suriname, Tajikistan, and Zambia, and business community members from corporations including Africa-Asia Pacific Investment Association, Baidian Industrial Company Limited, HAWTAI Motors Group, and Guangdong Bai Guo Investment Company. The presenters discussed market expansion, growth potential, and regional access that would be virtually unattainable without close cooperation between the public and private sectors.
The business presentations were followed by a car donation ceremony to developing countries by HAWTAI Motors Group, detailing the company’s commitment to building reliable, sustainable, and high-performance automobiles through public-private partnerships.
The meeting was concluded with a signing ceremony between the International Organization for South-South Cooperation (IOSSC) and a number of participating countries, through which an agreement was reached to further advance development through IOSSC’s initiatives in the area of agriculture, including the “South-South Baidian International Food Expo City” project, the Water Technology project and others, with the common objective of assisting the implementation of the Millennium Development Goals.