PKF Malta ex­pands busi­ness hori­zons in China

The Malta Independent on Sunday - - BUSINESS & FINANCE -

In keep­ing with the con­tin­u­ing trend to at­tract FDI, par­tic­u­larly from Asia, and show­case the ser­vices the Mal­tese Is­lands can of­fer to the in­ter­na­tional busi­ness com­mu­nity, PKF re­cruited Yolanda Dong, a qual­i­fied busi­ness ex­ec­u­tive who will be re­spon­si­ble for the China desk. Pur­suant to this drive, more ini­tia­tives are planned to fol­low this year as part of a pol­icy to open new busi­ness op­por­tu­ni­ties par­tic­u­larly in the IIP & MRVP sec­tor. Ef­forts are also in hand to at­tract in­ter­est in the re­cent an­nounce­ment about the re­quest for EU ap­proval to open oil and gas ex­plo­ration bids in an off­shore con­ces­sion in the lu­cra­tive Area 3 north of the is­land.

Ms Dong al­ready rep­re­sented PKF Malta dur­ing the busi­ness meet­ing held ear­lier this month by PKF In­ter­na­tional at the Bei­jing Shangri-La Ho­tel, China en­ti­tled “One Belt One Road”. Dur­ing this meet­ing, which at­tracted over 200 del­e­gates, Ms Dong pre- sented seven core pil­lars of in­vest­ment op­por­tu­ni­ties in Malta which were warmly re­ceived by the del­e­gates. These sec­tors in­clude lux­ury prop­erty de­vel­op­ment, avi­a­tion, Oil and Gas, In­no­va­tion, Ac­tu­ar­ial & Financing, UCITS funds, Cap­tive In­sur­ance and Blockchain tech­nol­ogy among other top­ics.

Fol­low­ing the busi­ness meet­ing hosted in Bei­jing a del­e­ga­tion of in­vestors from China trav­elled to Malta to meet var­i­ous lo­cal busi­ness part­ners. These in­cluded Fi­nanceMalta, Malta En­ter­prise, real es­tate agents in Malta and Gozo, banks, pri­vate hospi­tals and var­i­ous heads of fac­ul­ties at the Univer­sity of Malta. Fi­nally, a pro­duc­tive meet­ing was held with the ap­pointed head of Asian in­vest­ment, Jennifer Shen May at Malta En­ter­prise who will shortly be mov­ing to Shang­hai to fur­ther ce­ment busi­ness re­la­tions.

The busi­ness meet­ing held ear­lier this month by PKF In­ter­na­tional at the Bei­jing Shangri-La Ho­tel, China en­ti­tled “One Belt One Road”

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