Hong Kong – Speech by SITI at Thematic Forum on Maritime Cooperation of third Belt and Road Forum for International Cooperation (English only) (with photo)

Speech by SITI at Thematic Forum on Maritime Cooperation of third Belt and Road Forum for International Cooperation (English only) (with photo)

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     Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the Thematic Forum on Maritime Cooperation of the third Belt and Road Forum for International Cooperation in Beijing today (October 18):
 
     Thank you, Professor Lin (Member of the Academia Europaea and Chair Professor of Southern University of Science and Technology, China, Professor Lin Jian). In response to the questions raised by Professor Lin just now, I would like to share with you all how Hong Kong contributes to promote innovation in marine science and technology for the benefit of the mankind and how the application of innovation and technology (I&T) can champion the development of blue economy in the context of the Belt and Road Initiative.
 
     Our country clearly indicates the importance of promoting marine economy development and marine ecosystem protection in order to strike a balance between economic development and ocean protection, for the sustainable development of mankind.
 
     Being one of the most important international cities in China facing the South China Sea, Hong Kong is a key node city of the Belt and Road. Apart from strengthening our position as an international financial, trade and logistics centre, Hong Kong is working in full steam towards the vision of becoming an international innovation and technology centre. Let me share with you two points on how Hong Kong’s I&T community promotes innovation in marine technology.
 
     First, exploring marine resources to facilitate the development of life and health science and technology.
 
     Oceans are rich in biological resources with great potential for application in biomedicine, environmental protection and many other fields. Marine resource development technology can unleash the application potential of biological resources and create new industries. Our scientific research teams in Hong Kong have conducted R&D (research and development) work on marine biological resources through various scientific means, and succeeded in tapping active lead compounds of medical value from these resources, which are helpful to the R&D of new medicines.
 
     Second, using AI (artificial intelligence) and big data to protect the marine environment in a precise and efficient way.
 
     Maintaining biodiversity is crucial to the balance of the marine ecosystem. The State Key Laboratory of Marine Pollution in Hong Kong has been working for many years to address the ecological imbalance caused by marine pollution. In addition, a Hong Kong start-up has developed a solar-powered marine cleaning robot that uses AI technology to identify ocean garbage and determine shipping routes to facilitate marine clean-up.
 
     In conclusion, innovation in marine science and technology not only opens up new areas for the blue economy development, but also brings new opportunity for the sustainable development of humanity. Hong Kong stands ready to work with the world and contribute our blue power in promoting innovation in marine science and technology for the betterment of the world. Thank you very much.

PLN Signs Cooperation with TANESCO to Develop Electricity Ecosystem in Tanzania

Tanzania Electric Supply Co. Ltd. (TANESCO), a parastatal company incorporated in 1931, has adopted a business transformation implemented by Indonesian state-owned electric company PT PLN (Persero). Aiming to carry out similar developments in Africa, TANESCO agreed to a business cooperation with PLN.

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PLN President Director Darmawan Prasodjo and TANESCO Managing Director Maharage Chande signing the MoU in Dar Es Salaam, Tanzania, on August 22. Indonesian President Joko Widodo and Tanzanian President Samia Suluhu Hassan look on. (Image: PTN)

The agreement was marked by the signing of a Memorandum of Understanding (MoU) between President Director of PLN, Darmawan Prasodjo and Managing Director of TANESCO, Maharage Chande, in the presence of Indonesian President, Joko Widodo and Tanzanian President, Samia Suluhu Hassan in Dar Es Salaam, Tanzania, on August 22.

The signing of an MoU between PLN and TANESCO signifies a significant milestone in the field of international business cooperation. This agreement entails the adoption of PLN’s successful business transformation model by TANESCO, ultimately demonstrating PLN’s intention to expand its presence in the global market.

President Director of PLN Darmawan Prasodjo explained that the MoU was a follow-up to a previous meeting in Jakarta on February 10, 2023, with Tanzania’s Minister of Energy, January Makamba and TANESCO Management, regarding a cooperation with Indonesia in developing Tanzania’s electricity sector ecosystem.

Darmawan added the MoU specifically outlines four key areas of collaboration. First, it highlights the importance of digital-based transformation, indicating a joint effort to embrace technology and innovation to enhance efficiency and reliability in power supply services, such as Digitalized Power Plant, Digitally Enabled Distribution Excellence, and Super App utility.

Secondly, the MoU emphasizes the development of the core utility business which includes which includes Maintenance, Repair, and Operation (MRO), and Collaborative Co-investment.

The third point of cooperation focuses on the development of non-core utility businesses such maintenance, repair, and operations (MRO).

Finally, the MoU highlights the importance of capacity building and comprehensive exchange through an internship program between PLN and TANESCO. This initiative aims to facilitate knowledge transfer and skill development between the two companies, fostering a culture of mutual learning and growth.

“PLN has experiences and success stories that can be shared and implemented in Tanzania, especially in terms of human resource management, transformation and digitalization in the electricity sector. For this reason, we will do our best effort in this cooperation, because PLN’s success will also be an achievement for Indonesia,” Darmawan said.

Managing Director of TANESCO, Maharage Chande said the business transformation steps taken by PLN can be adopted by TANESCO to make the electricity system in East Africa, especially Tanzania more reliable and sustainable. This cooperation is also to achieve a common goal towards Net Zero Emission (NZE).

“PLN is a very well-known electricity company in the global arena. This cooperation opens up opportunities for business expansion and also strengthens bilateral relations between the two countries as well as between companies,” said Maharage Chande.

Overall, the signing of this MoU not only solidifies the partnership between PLN and TANESCO but also underscores the importance of international collaboration in the field of energy. By leveraging PLN’s successful business transformation model, TANESCO aims to enhance its operations and service delivery, ultimately contributing to the economic growth and development of Tanzania.

About PLN
PT PLN (Persero) is a state-owned electricity company that continues to be committed and innovative in carrying out a mission to illuminate and move the nation. With a vision to become the leading electricity company in Southeast Asia, PLN is moving towards becoming the number one choice for energy solutions. PLN is committed to transformation with aspirations of being Green, Lean, Innovative, and Customer Focused to provide electricity for a better life. PLN can be contacted through the PLN Mobile application available on PlayStore or AppStore. https://web.pln.co.id/

Contact:
Gregorius Adi Trianto
Executive Vice President, Corporate Communications & CSR, PLN
Tel. +62 21 7261122
PT. Perusahaan Listrik Negara (Persero) [IDX: PLN]


Topic: Press release summary

Hong Kong – Renewal of Cooperation Arrangement on Electrical and Mechanical Products Safety and Energy Efficiency between EMSD and General Administration of Customs People’s Republic of China (with photos)

Renewal of Cooperation Arrangement on Electrical and Mechanical Products Safety and Energy Efficiency between EMSD and General Administration of Customs People’s Republic of China (with photos)

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     The Electrical and Mechanical Services Department (EMSD) and the General Administration of Customs People’s Republic of China (GACC) today (February 16) renewed the Cooperation Arrangement on Electrical and Mechanical Products Safety and Energy Efficiency (Cooperation Agreement) for deepening the co-operation on electrical and mechanical products safety and energy efficiency perspectives.
 
     Witnessed by the Secretary for Environment and Ecology, Mr Tse Chin-wan, and Vice Minister of the GACC Mr Wang Lingjun, the Director of Electrical and Mechanical Services, Mr Eric Pang, and the Director General of the Department of Commodity Inspection of the GACC, Mr Lin Jiantian, signed the Cooperation Agreement. The areas of collaboration include jointly strengthening the safety management of electrical and mechanical products, and boosting co-operation on energy efficiency.
 
     Speaking at the signing ceremony, Mr Tse said that effective implementation of the Cooperation Agreement could further enhance the safety of electrical and mechanical products of both sides. Moreover, further enhancing collaboration on energy efficiency and relevant aspects could also facilitate the achievement of carbon neutrality of both sides. 
 
     The Cooperation Agreement was signed in 2003. Over the past 20 years, both sides have maintained close communications to effectively facilitate the development of electrical and mechanical products safety and energy efficiency. 

India-Gulf Cooperation Council (GCC) decide to pursue resumption of Free Trade Agreement (FTA) Negotiations


Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, Government of India, and His Excellency Dr. Nayef Falah M. Al-Hajraf, Secretary General, Gulf Cooperation Council (GCC), held a Joint Press Conference, in New Delhi today, to announce the intent to pursue negotiations on the India-GCC FTA. 


With forward-looking and solution-oriented deliberations, bilateral engagements witnessed significant progress on all matters of mutual interest across the entire gamut of bilateral economic relations between India and the GCC nations. 


Both sides agreed to expedite conclusion of the requisite legal and technical requirements for formal resumption of the FTA negotiations. The FTA is envisaged to be a modern, comprehensive Agreement with substantial coverage of goods and services. Both sides emphasized that the FTA will create new jobs, raise living standards, and provide wider social and economic opportunities in India and all the GCC countries. Both sides agreed to significantly expand and diversify the trade basket in line with the enormous potential that exists on account of the complementary business and economic ecosystems of India and the GCC. 


It may be noted that the GCC is currently India’s largest trading partner bloc with bilateral trade in FY 2021-22 valued at over USD 154 billion with exports valued at approximately USD 44 billion and imports of around USD 110 billion (non-oil exports of USD 33.8 Billion and non-oil imports of USD 37.2 Billion). Bilateral trade in services between India and the GCC was valued at around USD 14 billion in FY 2021-22, with exports valued at USD 5.5 Billion and imports at USD 8.3 Billion. 


GCC countries contribute almost 35% of India’s oil imports and 70% of gas imports. India’s overall crude oil imports from the GCC in 2021-22 were about $48 billion, while LNG and LPG imports in 2021-22 were about $21 billion. Investments from the GCC in India are currently valued at over USD 18 billion.


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Japan – MHI and EGAT ink MoU to Strengthen Cooperation on Clean Power Generation in Thailand

Mitsubishi Heavy Industries, Ltd. (MHI) and Thailand’s largest power producer Electricity Generating Authority of Thailand (EGAT) signed a Memorandum of Understanding (MoU) to study and exchange information relating to clean power generation, hydrogen, carbon capture, utilization and storage (CCUS) technologies in support of the nation’s goal of achieving carbon neutrality by 2050.


Thidade Eiamsai (Deputy Governor of Power Plant Development and Renewable Energy/EGAT) (2nd from left) and Ryo Takubo (President and Managing Director/Mitsubishi Heavy Industries (Thailand)) (3rd from left) at signing ceremony


Set to take place over the next three years, MHI, along with Mitsubishi Power, its power solutions brand, will exchange experiences and information on the specified areas with EGAT. This could also involve an exchange of engineers to share experiences and technical know-how on advancing cleaner power generation in Thailand.

Mr. Ryo Takubo, President and Managing Director of Mitsubishi Heavy Industries (Thailand), expressed his confidence in the partnership: “MHI Group has played an instrumental role in Thailand’s vibrant energy growth story for more than five decades. Looking ahead, we will continue to contribute our capabilities around world-class gas turbines, which are being developed to co-fire cleaner fuels like hydrogen and ammonia, and CCUS technologies that are critical to lowering emissions. It is an honor to partner with EGAT to bring together our learnings and deep experience to unlock more opportunities and accelerate Thailand’s decarbonization.”

Mr. Thidade Eiamsai, Deputy Governor of Power Plant Development and Renewable Energy, EGAT, reaffirmed the significance of the collaboration: “We’ve built a trusted relationship with Mitsubishi Power over the last few decades, and believe that this agreement will combine both our technological expertise and understanding of local needs to facilitate Thailand’s energy transition in accordance with the National Energy Plan. We are grateful for Mitsubishi Power’s collaboration and are excited to continue powering the energy sector in Thailand together.”

The agreement expands the longstanding partnership between MHI, Mitsubishi Power and EGAT. Mitsubishi Power started its operations in Thailand in 1968 with the construction of the Queen Sirikit Dam together with EGAT. Since then, Mitsubishi Power has supplied many of its industry-leading products and services to meet EGAT’s varied needs, contributing to significant energy projects across the country, including the South Bangkok Power Plant, Nam Phong Power Plant and Wang Noi Power Plant. In 2009, Mitsubishi Power and EGAT launched a joint venture EGAT Diamond Service (EDS) to deliver trusted gas turbine services and develop local engineering talent. Serving both domestic and international customers, EDS ensures reliable and efficient operations in the region’s path toward cleaner power generation.

With this partnership, MHI, Mitsubishi Power and EGAT aim to step up efforts to support Thailand’s goal of reducing greenhouse gas emissions by 40 per cent from the projected levels by 2030, carbon neutrality by 2050 and net zero emissions by 2065.

MHI and Mitsubishi Power have played a critical role in Thailand’s shift from coal to natural gas to support the gradual transition of the country towards net-zero emissions. Today, the total installed capacity of Mitsubishi Power’s track record including power plants under construction is over 25GW – well over 50% of the country’s current power generation capacity. Efforts include Southeast Asia’s first M701 JAC gas turbines, which commenced operation in Thailand as part of an order of eight turbines for a power plant in Chonburi Province to produce more reliable, stable and cleaner energy for the country.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.

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