Fladgate was delighted to sponsor the Oxford University international summit on the One Belt, One Road (OBOR) initiative. OBOR is a development strategy proposed by the Chinese government that represents the largest overseas investment drive ever launched by a single country and is based on a high level of coordination and cooperation between East and West. The initiative is expected to bridge the ‘infrastructure gap’ and accelerate economic growth across the Asia Pacific area and Central and Eastern Europe. It will be the world’s largest construction project.
The theme of this opening summit, on 13 – 14 September 2017, organised by the OBOR Programme of the Oxford University Faculty of Law, was to identify the risks involved with the OBOR initiative and to consider how they can be overcome. The event focused on the legal structure of OBOR, business and finance, dispute resolution and consumers’ rights, and also covered associated issues relating to the media, art, cultural heritage and property.
The speakers at the summit comprised persons selected from business, finance, law and academia and included representatives from the Asian Strategy and Leadership Institute and the China Silk Road Fund. Fladgate construction partner Barry Hembling spoke at the summit on what the UK can contribute to make the OBOR vision a reality.
Fladgate has a strong reputation in the areas of construction, engineering and infrastructure and the Fladgate construction team are already in early discussions with a number of interested parties regarding their OBOR related schemes.