The Belt and Road Initiative unveiled in 2013 aims to strengthen regional connectivity through a range of projects in infrastructure investment, including railway and highway, real estate, construction materials, automobile and education etc. On the one hand, the Initiative represents vast amount of opportunities for Hong Kong professionals and enterprises. On the other hand, given the nature and diversity of the projects, it presents challenges to the local professionals and enterprises, particularly in the assessment of projects at the feasibility stage.


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In this workshop, the speakers will address the challenges and help participants gain a better understanding of how to conduct feasibility study on the Belt and Road projects. The following topics will be covered:

  • Project valuation techniques;

  • International project valuation standards;

  • Economic appraisal: theory and methods; and

  • Financial appraisal and development decisions.

Details of cases shared by Guest Speakers 


Facilitator and Guest Speakers 

Facilitator: Guest Speakers:  
Eddie Hui r Stephen Lai r Qu Jian r

Prof. Eddie Hui, MH

Professor and Associate Head 
Department of Building and Real Estate, PolyU 

Dr. Lai Yuk-fai, Stephen

Managing Director,
Rider Levett Bucknall Limited

Dr. Qu Jian

Vice President, 
China Development Institute


Quick Summary

Date & Time:

25 January 2019 (Fri), 6 p.m. – 9:30 p.m. and
26 January 2019 (Sat), 9 a.m. – 5:45 p.m.

Medium of Instruction:

Cantonese with training materials in English

Guest Speaker Sharing:

Cantonese / Putonghua


Hotel ICON, Kowloon

Workshop Fee:

HK$800 (includes HK$400 workshop fee and HK$400 self-funded lunch and dinner fee)

Workshop Size:

A maximum of 50 participants

Click HERE to register the Belt and Road Cross-Professional Advancement Programme workshops

Learning Outcomes

Upon completion of the workshop, participants are expected to gain the knowledge to:

  • identify sources of international standards in all forms of project appraisal.
  • undertake comparative analysis on a country by country basis of local practice against internationally recognised standards and approaches to project appraisal, financial and economic appraisal and environmental appraisal.
  • undertake comprehensive appraisal of complex development projects that generate a mixture of private benefit and significant social and/or environmental impacts.

Facilitator and Guest Speakers


Prof. Eddie Hui, MH
Professor and Associate Head 
Department of Building and Real Estate, PolyU
Fellow of the Cambridge Commonwealth Trust
Departmental Associate of Land Economy Department, University of Cambridge

Prof. Hui is an all-round professional with diverse experience in both local and international research and consultancy projects. In 2015, Prof. Hui received a medal of honour from the Hong Kong SAR Government to recognize his outstanding contributions to the society, especially on Town Planning Board and the surveying sector.

His latest research projects focus on the analysis of real estate markets and urban development in Hong Kong and Greater China.

Guest Speakers:

Dr. Lai Yuk-fai, Stephen
Managing Director, Rider Levett Bucknall Limited

A well-respected quantity surveyor, Mr. Stephen Yuk-fai Lai is a member of Rider Levett Bucknall’s global board and managing director overseeing Hong Kong, China and Korea offices.

Mr. Lai joined the firm in 1989 and built his reputation as a trusted Cost and Contract Management Consultant. For more than 30 years, he has developed creative project delivery strategies for clients throughout Asia and the Middle East. Externally, he has become a trusted thought leader on state of the construction industry and future trends in construction project management.

Mr. Lai is a Fellow of the Royal Institution of Chartered Surveyors, a Fellow of the Hong Kong Institute of Surveyors, and a Fellow Member of the China Engineering Cost Association. He is the Past President of the Hong Kong Institute of Surveyors. Currently, he is the Chairman of the Mainland Affairs Committee of the Hong Kong Institute of Surveyors, Board Member of the Construction Industry Council and Chairperson of the Committee on Construction Procurement, Member of the Start-up Loan for Post-secondary Education Providers Vetting Committee; Member of the Appeal Tribunal Panel; Member of the Working Group on Professional Services for Economic Development Commission; Board Member of Zero Carbon Building; Member of Provision of Space in the Legal Hub committee; Member of the Corruption Prevention Advisory Committee of the Independent Commission Against Corruption; Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) of Xuhui District, Shanghai.

Mr. Lai earned his Bachelor of Science from the University of Aston, Birmingham in the United Kingdom, obtained his Master of Science in E-Commerce for Executives from Hong Kong Polytechnic University and conferred his Honorary Doctor of Science from the University of Aston, Birmingham.

Dr. Qu Jian
Vice President, China Development Institute (CDI)
SEZ Consultant, Asian Development Bank
Expert Commissioner, Ministry of Commerce of China
Special Governmental Allowance Receiver, Outstanding Contribution
PhD. in Economics of Nankai University
Professor and Postdoctoral Researcher in Economics
Registered Consulting Engineer

Dr. Qu Jian’s main research areas include planning of domestic and foreign special economic zones, technological innovation and planning of high-tech industries, industrial transformation and upgrading. In recent years, as the head of the Chinese expert delegation, he and his team provide support to the planning and development for special economic zones and industrial parks of more than 10 Asian and African countries, including Pakistan, Sri Lanka, Ethiopia, Kenya, Congo (Brazzaville), Côte d’Ivoire, etc.

The national and local research projects of Dr. Qu Jian and his team include the National Twelfth Five-Year Development Plan for National Economic and Technological Development Zones and Border Economic Cooperation Zones, the National Innovative Urban Construction Plan, the Strategic Study of China’s Processing Trade Transformation and Upgrading, Research on the Development Model of China’s Development Zones and Customs Special Supervision Zones, China’s Yellow River Delta Efficient Ecological Economic Development Plan, New Features, New Trends and Measures of Multinational Corporations’ Investment in China, Research on Strategy of China’s Processing Trade Transformation and Upgrade, etc. Besides, Dr. Qu and his team provide study on the development strategy and planning of special economic zones and industrial parks in many countries.

He has published more than 100 academic papers, with publications including Research on the Transformation and Upgrading of Guangdong Processing Trade , Research on the Development Strategy of Modern Service Industry, Research on the Relationship between Foreign Direct Investment and Economic Growth Mode Transformation, Investment Environment in the Pearl River Delta, Investment Environment in the Yangtze River Delta and other books.

Case Sharing

Guest Speakers:

Dr. Lai Yuk-fai, Stephen
Managing Director, Rider Levett Bucknall Limited

In the project life cycle, quantity surveying (QS) consultancy is often engaged as early as in the feasibility study stage. Developers rely on the expertise of QS to appraise and forecast the economic feasibility of a project from the outset, setting out a control framework for the entire construction process.  

Levering the advantages of Hong Kong as a “super connector” in “Belt and Road” projects, RLB has provided full quantity surveying services to a number of clients in the Mainland of China and Hong Kong for their overseas projects. 

As a well-respected quantity surveyor and construction cost estimator, Dr. Stephen Lai will brief us the internationally-accepted construction contracts, and how to mitigate risks through feasibility study. He will also share some case studies to showcase RLB’s project experiences in Cambodia, Korea, Russia and Australia.

Dr. Qu Jian
Vice President, China Development Institute (CDI)

China Development Institute (CDI) is one of the 25 China Top Think Tanks Construction Pilot Units. It possesses Grade A engineering consulting qualification and has been committing to planning and research on special economic zones and industrial parks.

Dr. Qu in recent years has led the Regional Development Strategies and Planning Center of CDI to “go out” to undertake some overseas park planning projects. He has accumulated experience in consulting services in the construction of special economic zones and industrial parks in Asia and some African countries.

Ethiopia, Congo in Africa and Pakistan in Asia are all countries along Belt and Road. Dr. Qu will share the economies of the development parks in these countries. He will also discuss the issues of project appraisal and management of overseas industrial parks through some cases of study projects on investment feasibility. The discussion topics include challenges and approaches to managing overseas projects.

Workshop Flyer

Click here to download the workshop flyer.