Sep 11-12, 2024United Arab Emirates

Belt and Road Summit 2024

Belt and Road Summit 2024 — video still

Event Overview

The Belt and Road Summit 2024, held September 11–12, 2024, at the Dubai World Trade Centre, served as the flagship gathering of the Belt & Road Initiative (BRI) community. Over 6,000 delegates from 70+ countries—including heads of state, finance ministers, multilateral agencies (World Bank, IMF), and major private-sector CEOs—assembled to discuss strategic infrastructure, sustainable development, and digital trade corridors. The summit featured high-level panels, policy dialogues, and a dedicated “MoU Zone” for formalizing partnership agreements. Key themes were green logistics, smart cities, renewable energy financing, and public-private partnership models.

AGI Holding’s Participation

  • Keynote & Panel Engagement:
    • Dr. Sadeddine Mneimne, AGI’s Chairman, delivered a 30-minute keynote on “Green Corridors & Smart Logistics,” emphasizing ESG standards, carbon-offset strategies, and cross-border connectivity.
    • AGI’s representatives joined panels on “Renewable Energy Financing” (alongside Kuwait’s Minister of Energy and IFC officials) and “Digital Trade & Blockchain in BRI.”

  • MoU Signings:
    1. Allied Environmental Consultants (AEC): Co-development of an eco-friendly transport hub in the Sohar Free Zone, Oman, with initial feasibility funding of $2 million.
    2. FansWave (Hong Kong Startup): Deploy AI-powered public WiFi marketing networks in Riyadh and Dubai. AGI will manage network operations, share ad-revenue models, and deliver analytics dashboards.
    3. Farmacy HK (Agri-Tech Firm): Joint R&D for vertical farming pilots in UAE and Qatar climates; planned breakthrough in water-efficient hydroponics by Q3 2025.
  • Exhibition & Demo Space:
    • AGI’s booth featured interactive kiosks demonstrating:
      • FansWave analytics dashboards monitoring real-time foot traffic.
      • AR-based greenhouse operation simulations for vertical farming.
    • Live Q&A sessions at the booth provided personalized briefing on pilot project scopes.

Event Highlights

  • Opening Ceremony: Led by UAE’s Minister of Economy and China’s Ambassador, with Dr. Mneimne as one of three featured speakers.
  • Panel on Smart Cities: AGI’s Tech Director presented “IoT-Enabled Green Logistics,” emphasizing low-carbon corridor design and public health co-benefits.
  • Breakout Sessions: “ESG Finance for Infrastructure” roundtable included banks from Shanghai Cooperation Organisation and Gulf Development Fund reps.
  • MoU Zone Ceremonies: Formal signings were streamed live on the summit’s digital portal, locking in initial funding commitments for AGI-led pilots.

Outcomes and Impact

  • Funding Secured:
    • $8 million seed capital raised for FansWave network deployment in Riyadh, confirmed by Riyadh Smart City Authority.
    • $2 million commitment from Allied Environmental for Oman logistics hub design and pilot.
  • Partnership Pipeline:
    • AGI designated as preferred PPP (public-private partnership) service provider for three new freight consortium projects in UAE, Egypt, and Kazakhstan.
    • Farmacy HK collaboration to finalize vertical farm site selection in Abu Dhabi by early Q2 2025, targeting 5 hectares under sustainable cultivation.
  • Thought Leadership:
    • AGI’s CSR Director interviewed by Gulf News on “Leveraging Technology for Desert Agriculture,” highlighting water-saving hydroponic methods.
    • Recognized as one of the “Top 10 Innovative SMEs in BRI” in the official Summit Publication.

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