Mayer Brown is pleased to announce that the firm has joined the Infrastructure Financing Facilitation Office (IFFO) as a partner. Mayer Brown and the IFFO will develop their shared interest in the various aspects of infrastructure investment and financing in emerging markets.
“We see this as a mutually benefit move,” said Elaine Lo, the head of Mayer Brown’s China practice. “The IFFO provides a great platform to link infrastructure players with investors and financiers, and we are excited to play our part in this initiative.”
With its impressive real estate and infrastructure capabilities, Mayer Brown is a strong proponent of China’s “Belt and Road” initiative. Spearheaded by President Xi Jingping, the initiative is a critical political, economic, financial, cultural and diplomatic development strategy that focuses on connectivity and cooperation among countries primarily between China and the rest of Eurasia. The aim of the initiative is to connect China and Eurasia, following in the footsteps of the famous “Silk Road” of lore.
Established by the Hong Kong Monetary Authority, IFFO is a platform to facilitate infrastructure investments and their financing, with a strong network of partners that support infrastructure development in Asia and other countries. Mayer Brown joins several other prominent companies in its partnership with IFFO.