Melco Chairman and CEO Mr. Lawrence Ho Attends the 2Nd Belt
FOR IMMEDIATE RELEASE Melco Chairman and CEO Mr. Lawrence Ho attends the 2nd Belt and Road Forum for International Cooperation in Beijing, China Supporting the Chinese Central Government’s development strategy to enhance global trade and regional connectivity Macau, Friday, May 3, 2019 – Melco Group strongly supports the Chinese Central Government’s Belt and Road Initiative (BRI) to enhance global trade and regional connectivity. The Company’s Chairman and CEO Mr. Lawrence Ho attended the 2nd Belt and Road Forum for International Cooperation in Beijing, China, with Mr. Melis Shiacolas, Managing Director of CNS Group; the parent company of The Cyprus Phassouri (Zakaki) Limited, which is a member of the Integrated Casino Resorts Cyprus Consortium. In Cyprus, this consortium led by Melco Group, is developing and will operate the City of Dreams Mediterranean integrated resort as well as the four Cyprus Casinos “C2” satellite casinos. The attendance of Messrs. Ho and Shiacolas at this prestigious three-day event, which was attended by leaders of approximately 40 foreign governments and 5,000 foreign representatives from 150 countries, is yet another clear signal of the parties intent that the ‘City of Dreams Mediterranean’ integrated resort development will further elevate Cyprus as a top global leisure and business travel destination in both the region and internationally. Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, “Melco is fully supportive of the Chinese Central Government’s Belt and Road Initiative as a strong catalyst to enable businesses to seize international trade development opportunities not only in the Greater Bay Area but also in Cyprus which is strategically located between Europe, Asia and Africa and is primed to play a major role in the on-going Belt and Road Initiative.
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