Plans are now being made to stage an international investment summit to promote East London as a “World Village” drawing upon its global links and worldwide appeal.
ABP – the developer behind London’s Royal Albert Dock transformation – has announced it is aiming to organise the conference in the autumn.
Speaking at a dinner to mark the second anniversary since ABP signed the Development Agreement with the Greater London Authority for Royal Albert Dock, the company’s Chairman, Xu Weiping, said East London is one of the most diverse areas in the UK, which is one of the reasons why ABP chose to invest there and why he believes it is set to become a centre of world trade.
He said: “East London will be the centre of the World Village. It has many unique resources including the Olympic Park, London City Airport, and the ExCeL International Exhibition Centre, a diverse and vibrant community, and even the first primary school in the country to set up a Mandarin course.”
He announced there are now plans for the UK China Investment Summit to be held in September to explore how to make East London into a “World Village”, which will be the gateway not only to the UK but also to Europe and the rest of the world.
The anniversary dinner was held at the prestigious Wallace Collection in Central London and was attended by more than 100 distinguished guests including politicians from local and central government and leading business people from UK, China, Europe and Asia.
Mr Xu also announced that the current Vice Chairman Nancy Xu is being promoted to lead the UK project. Mr Xu said: “I’ll remain Chairman and the head of ABP, but it is time to invest in the future and this is why I’m able to tell you that, ABP London will now be under the leadership of Nancy Xu.”