HONG KONG, PEOPLE'S REPUBLIC OF CHINA -- (Marketwired) -- Export Development Canada (EDC) announced today their sponsorship of the second annual International Financial Corporation (IFC) Climate Business Forum.
Running on October 28th and 29th in Hong Kong, this forum will bring together industry leaders from around the world to highlight climate investment opportunities in key clean technology sectors particularly in Asia, including resource efficiency, renewable energy and water sanitation.
This will be the first time EDC and the IFC collaborate to match Canadian businesses with potential partners in China. In attendance at the forum will be 11 Canadian cleantech companies, in addition to 7 being represented by venture capital firms and other investors. Canada also has a very active venture capital investment 'industry' in cleantech which will be bringing leading edge expertise.
"At EDC we understand that every business is unique and we aim to provide flexible solutions to Chinese companies interested in cutting-edge Canadian cleantech," said Denis L'Heureux, Chief Representative, Greater China. "We will work to tailor deals to meet the specific needs of our Chinese customers, including working alongside existing financial partners or acting as the sole financier. With a team dedicated to understanding the cleantech industry, EDC also brings valuable market intelligence and supply-chain matchmaking ability to the table."
EDC provides financing for Chinese buyers and project owners where there are Canadian suppliers involved, or where there is potential for Canadian involvement. Last year, EDC worked with over 590 Canadian companies doing business in China.
As a mature global financier, EDC brings stability and reliability of capital to their Chinese customers. With annual business volumes nearing CAD 100 B, EDC has the capital and experience necessary to undertake transactions of any size in support of transactions involving Canadian supply or services.
If your company is looking for financing and is interested in doing business with Canadian cleantech companies, EDC can personally serve your company from our offices in Shanghai and Beijing.
EDC is Canada's trade finance agency, providing financial services for companies that buy from Canadian companies, directly or through their corporate value chains. EDC's financing can be used for capex and/or project finance requirements, either through bilateral or syndicated corporate facilities. Operating on commercial principles, EDC has a partnership-preferred philosophy to collaborate with private-sector financial institutions to share risk and create greater capacity for Canadian trade transactions. EDC is committed to Corporate Social Responsibility, and it takes into account the environmental and social impacts of its transactions.
For more information about how EDC can help your company, visit www.edc.ca.