A New Tie Up That Visions Strategic Development
Port of Antwerp enters into a tie up with Chinese bank on One Belt, One Road.
Antwerp Port Authority and the Industrial and Commercial Bank of China (ICBC) has entered into a Memorandum of Understanding to bring in Chinese investment into the port of Antwerp and improve Port of Antwerp’s trade with China under its one belt one road strategy.
China’s strategic development vision, One Belt One Road (OBOR) focuses on connectivity and cooperation among countries primarily in Eurasia, which consists of two main components, the land-based and oceangoing.
“Our efforts are directed at strengthening the positions of both sides as part of the OBOR project. Antwerp is an attractive partner not only because of its location in the heart of Europe; its many overseas shipping connections make Antwerp a leading port at the western end of the modern ’Silk Road’ explained chief commercial officer Luc Arnouts.”
“Antwerp is also an important partner for china from the strategic point of view, thanks to the various collaboration agreements with ports or regions along the New Silk Road,” he continued. “Add to that the numerous attractive investment opportunities in our port, and the checklist that led to today’s agreement is complete.”
Source: Port of Antwerp