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OIDB from China mark groundbreaking of new office building

Radio & TV Tonga, Nuku’alofa, 01/04/2019

The Speaker of Parliament, noble and estate-holder of Ma’ufanga – Lord Fakafanua, together with the Chinese ambassador – H.E Wang Baodong, marked the groundbreaking of the Oriental Investment Development Bank – OIDB’s office building which is located in Ma’ufanga.

Representatives from OIDB investors were in the Kingdom for this occassion. One of the representatives – Mr. Zhang says they are looking forward to helping the Tongan economy and creating new jobs with the establishment of the OIDB in Tonga.

In the keynote address, Lord Fakafanua expressed his appreciation of the OIDB’s initiative here in Tonga which is also a contribution to China’s Belt and Road Initiative.

H.E Wang Baodong highlighted the growing friendship between Tonga and China through the OIDB establishment which is also heralding a new generation of Chinese private investors.

Also attending this groundbreaking ceremony were the Tongatapu 3 MP – Siaosi Sovaleni, the Minsiter for Justice – Hon.Vuna Fa’otusia, and many guests.

© Radio and Television Tonga News