Andrew’s longstanding scepticism about the Hong Kong – Zhuhai – Macau bridge when interviewed for Asiamoney magazine – Macau bets on a bridge – was echoed by business leaders there who said that smaller projects would be more helpful if the SAR was to diversify away from its core business.
The Kai Tak cruise terminal: a white whale
Herman Melville may have recognised this white whale, a maritime white elephant if you will, but he would also have noted the lack of any obsession in pursuing it. Yes, this is the HK$8.2 billion cruise terminal which opened in 2013 on the old runway at Kai Tak which is not being used much, is […]
China’s Belt and Road Initiative: how HK can get to the trough
This is the third in a series of policy proposals focused on HK’s infrastructure and how to finance it. It comes as President Xi Jin Ping hosts a high level conference in Beijing this weekend on his massive Belt and Road Initiative (BRI) also known as the One Belt One Road (OBOR), One Belt and […]
HK Disneyland: it’s time to man up to the Mouse
Ahead of Carrie Lam Cheng Yuet-ngor taking over as HK’s Chief Executive in a couple of months, this is the second of several policy proposals focused on HK’s infrastructure and how to finance it. It comes as Secretary for Commerce & Economic Development Greg So Kam-leung battles with the Legislative Council Finance Committee for approval […]
A tale of two crossings
Last week, outgoing HK Chief Executive Leung Chun-ying led a tour of government officials and their advisors around the Greater Bay Area. The GBA is a scheme endorsed by Premier Li Keqiang in his annual work report last month to improve integration between the two Special Administrative Regions of HK and Macao and nine other […]
Port capacity in Hong Kong: time to face the facts
In a couple of months, Hong Kong will commemorate twenty years as a Special Administrative Region of the People’s Republic of China. There is much to celebrate in that Beijing did not make an example of the old colony as some feared at the time, indeed it has drip fed us various privileges with varying degrees […]
HKICPA’s A Plus magazine: impact of Trump on Hong Kong
Interviewed for A Plus magazine on the impact of Trump on Hong Kong, Andrew predicted that its professionals would be needed even more, whether it was to interpret China – US trade relations or to facilitate China’s One Belt and Road outreach as China redoubled efforts to show that it could actually deliver on projects in its […]
Infrastructure spending: the future is orange
Amidst all the blood being curdled in the US Presidential campaign, Donald Trump’s pledge to double Hillary Clinton’s $275 billion commitment to domestic infrastructure was a welcome respite. (Energy is a separate topic which I will consider later). US infrastructure has been much neglected since it was built, largely in the 1950s – think of […]
PEI Infrastructure Investor’s global investment forum, HK: a shortage of investable projects
Andrew told an audience of LPs that it was one thing to allocate funds to infrastructure in Asia Pacific but quite another to find projects ready to be invested in.
PowerGen Asia’s financial forum, Seoul: there is plenty of appetite
Andrew chaired a panel on what financing products are currently available: the good news is that, for well-structured deals, there is plenty of risk appetite available from the north-east Asian Export Credit Agencies and domestic commercial banks in particular.
Letter to the South China Morning Post re Brexit
There was no clear mandate for such an upheaval. Financing infrastructure requires dependable government decision making so it does not help the investment process in Asia when one of the world’s most mature democracies sets such a reckless example.
Cathay in-flight magazine re the Pearl River Delta
Interviewed for Cathay Pacific’s Discovery magazine, Andrew opined that the PRD made huge political and economic sense but greater coordination of infrastructure plans across the region was required.
Andrew in the South China Morning Post ahead of Brexit
Interviewed as a Brit in Hong Kong who had voted in the original UK referendum in 1975, Andrew predicted that the outcome might not be straightforward.
FRED in KL: the decisions are difficult and accounting expertise is needed
Andrew chaired a panel at the second Financial Reform for Economic Development conference for regional government personnel which recommended how Accountants in public practice should contribute to the difficult decisions which governments needed to make in order to finance infrastructure.
Letter to the South China Morning Post re East Lantau development
Infrastructure to benefit the whole Pearl River Delta should not necessarily be built in the most crowded and expensive corner of it.
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