IP Engenharia participates in the 6th Portugal-China Gala Conference

2019-11-28

IP Engenharia participated in the 6th Portugal-China Gala Conference on the theme `` Belt & Road` and the New Cycle of Bilateral Relations'The Luso-Chinese Chamber of Commerce and Industry organized the sixth Portugal-China Gala Conference with the aim of underlining the excellent bilateral relations, intensified since the signing in December 2018 of the Memorandum for Cooperation between the two countries under the initiative “ One Belt, One Road ”, when President Xi Jinping visited Portugal.

The initiative was attended by the Minister of Infrastructure and Housing, Pedro Nuno Santos, the Secretary of State for Foreign Affairs and Cooperation, Teresa Ribeiro, the Ambassadors of the People's Republic of China in Lisbon, Cai Run, and Portugal in Beijing, José Augusto Duarte, as well as various entrepreneurs, institutions and associations.

The IP Group / IP Engenharia participated in the roundtable discussion on the theme “Investment 2.0: The Belt & Road and the Infrastructure Phase”, with Amílcar Monteiro focusing on two dimensions of the “One Belt, One Road” initiative.

Firstly, the potential for cooperation between Portuguese and Chinese companies in the infrastructure sector, whether to operate in Portugal, Europe, or in the Portuguese-speaking Countries, taking advantage of each other's competitive advantages, focusing on the African continent, where both play a relevant role.

In this regard, was referred the pioneering example of the partnership that was established between the IP Group / IPE and China Tiesiju Civil Engineering (CTCE) for the development of sustainable infrastructure projects in the Portuguese-speaking countries, which has already resulted in the Technical Assistance that both entities are involved to develop for a Government of a Portuguese-speaking Country, namely for the Ministry of Transport and Communications of Mozambique, which has been running since November 2018, and whose work has been praised by the Mozambican entities.

Secondly, the relevance of Portugal's transport infrastructures, namely in the overall process of China's approach to Europe, both by the West and the East, underlining the strategic importance that Port and the Sines Logistics Zone can play, providing a quick access to Central European markets.

The conference was closed by the Minister of Infrastructure and Housing, Pedro Nuno Santos, who, starting by mentioning the good moment in the economic relations between Portugal and China, underlined the relevance of Portugal's location as a “crossing of several sea routes” and the role that the new Sines terminal can play in this context, further stating that a "renewed Silk Road could have Sines as the focal point of intercontinental link, with clear gains" for Portugal and China.

On the other hand, the Minister referred to the investments being made in the railway, not only in the renewal and construction of new infrastructure, but also in the renewal of rolling stock, considering this an opportunity for Chinese companies, noting that the Government is open "to technology partnerships with Chinese companies operating in this sector, attracting investment, sharing knowledge and honoring 40 years of diplomatic relations between our two countries."