BRI (Belt and Road Initiative) Connect will serve as an online and offline platform to connect relevant parties and will facilitate the concretization and implementation of BRI projects in Singapore, China and countries along the Belt and Road
Leveraging the Singapore Regional Business Forum (SRBF) as an anchor to strengthen regional partnerships, the Singapore Business Federation (SBF) and China Enterprises Association (CEA) jointly launched the “BRI Connect” Platform at SRBF 2017.
Upon its launch, BRI Connect will serve as an online and offline platform to connect various parties interested in BRI projects and serve as a facilitator for the regional business community to concretize and implement BRI projects in Singapore, China and countries along the Belt and Road. These include the sharing of latest developments of BRI, providing market analysis and intelligence, conducting feasibility and evaluation studies, assisting in project investment and financing, offering legal and arbitration consultation, setting up of online and offline BRI project matching activities, promoting the development of talent capability development and showcasing successful BRI projects and stories.
Since the BRI’s launch by Chinese President Xi Jinping in 2013, SBF has been among the first movers to drive the sharing and exchange of BRI-related information to increase the Singapore business community’s awareness of the Initiative. This includes organising the annual Singapore Regional Business Forum (SRBF) and putting BRI information on the Belt and Road Portal in conjunction with Singapore Press Holdings (SPH).
With the number of contracted BRI projects increasing steadily since 2016, reflected by a combined business revenue of USD 75.97 billion, an increase of 9.7 per cent year on year, the launch of the BRI Connect Platform serves as a timely initiative to further promote regional BRI-related activities including business missions, roundtable discussions, forums and summits. Organizations that are successfully recruited will be able to tap on SBF and CEA’s extensive member networks of more than 24,000 and 500 companies respectively and participate in third country collaborations for upcoming BRI projects.