Liverpool signs MOU with Kunming

Liverpool signs MOU with Kunming

Liverpool City Region is to have a major presence at one of the biggest gatherings of Asian businesses ever held after signing a Memorandum of Understanding (MoU) with its host city.

The city region will have a pavilion at the China-South Asia Expo 2017 after signing a Memorandum of Understanding (MoU) with Kunming, in south west China, yesterday (24 Oct).

The expo, now in its fourth year, attracts thousands of businesses from more than 30 countries and represents as a major platform for promoting Liverpool City Region investment opportunities.

The new MoU with Kunming also includes the potential for the Chinese city to design and install a special garden as part of Liverpool’s plans to redevelop the city’s Garden Festival site on the banks of the Mersey.

The signing of the MoU came at the start of a two-week trade delegation to China, being organised by inward investment agency Invest Liverpool on behalf of the city region.

Cllr Davies, who is the lead on economic development for the city region’s Combined Authority, said: “The new Memorandum with Kunming will see emerging opportunities for Wirral and city region businesses to connect with a flourishing region of China and we have already seen significant interest in Wirral’s strengths in such sectors as advanced manufacturing.

“This is the first time the City Region has come together in this way and it’s a clear example of how we can offer a more compelling proposition as a combined region.”

Mayor Anderson said: “There are clear opportunities for Liverpool City Region companies to win investment and contracts by engaging with this fast-growing area of China and the Expo next year will be a great platform for businesses which want to connect with new markets in south east Asia.”

The MoU will see Liverpool City Region and Kunming – a city of more than 7 million people – work together to improve business and cultural links in order to drive job creation and growth.

Both Liverpool and Wirral have strong existing connections with China; Wirral being twinned with Taicang and Liverpool with Shanghai.

 

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