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Global HK role seen in financing

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HONG Kong's capital markets should play a greater role in financing global energy infrastructure, Financial Secretary Hamish Macleod told the World Energy Council's Pacific-Asia Energy Financing Forum yesterday.

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''Hong Kong is already established as a centre for project finance,'' Mr Macleod told delegates at the opening ceremony.

''The markets offer good opportunities for investors seeking quality instruments to channel resources and a useful base from which borrowers from different parts of the world may tap funds to finance infrastructure developments,'' he said.

The forum, attended by 500 delegates, is the first World Energy Council conference to be held in the Asia-Pacific region.

The council looks at challenges facing world institutions in meeting global energy needs.

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