Rorce Au-Yeung, Co-CEO of VPower Group International Holdings Limited (VPower Group), was invited by the Hong Kong Trade Development Council (HKTDC) to attend a Belt and Road Summit press briefing on 4 September, where he shared his unique insights on establishing local operations in countries along the Belt and Road with the media.
For many enterprises in Hong Kong looking to ride on the Belt and Road initiative, the opportunity is accompanied by challenges and risks that cannot be ignored as the legal systems, market accessibility, political scenes and the level of economic development vary significantly among different countries along the Belt and Road. Nevertheless, VPower Group has started investing, building and operating distributed power generation stations in these countries since 2012. Today, the Group not only has deep knowledge about the distinct social systems, economies, legal systems, business rules, ethnic characteristics and cultures of each country, but also established close relationships with local utility companies and government bodies. As one of the few companies in Hong Kong with a solid foundation in the B&R countries, VPower Group’s rich experience in those countries are highly valued by the government and the market.
The Belt and Road Summit, co-organised by the HKSAR Government and HKTDC, brings together 2,400+ government officials, senior representatives of international institutions and business leaders from China and countries along the Belt and Road to explore new business opportunities arising from the Belt and Road Initiative.
From the left, Rorce Au-Yeung, Co-CEO of the Group, Edward Yau, Secretary for Commerce and Economic Development, Vincent Lo, Chairman of HKTDC, and Nicholas Ho, Deputy Managing Director of hpa together at the press briefing.
About VPower Group International Holdings Limited
Headquartered in Hong Kong, VPower Group is an integrated expert in distributed power generation (DPG). It principally engages in power system integration (SI) business, covering designing, integrating and sale of gas-fired and diesel-fired engine-based gen-sets and power generation systems, and Investment, Building and Operating (IBO) business, involving investing in, building, leasing and operating distributed power stations to supply reliable electricity.