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One of the tallest building in Hong Kong and the world.
The International Finance Centre (abbr. IFC, branded as "ifc") is an integrated commercial development on the waterfront of Hong Kong's Central District.
A prominent landmark on Hong Kong Island, IFC consists of two skyscrapers, the IFC Mall, and the 55-story Four Seasons Hotel Hong Kong. Tower 2 is the second tallest building in Hong Kong, behind the International Commerce Centre in West Kowloon. It is the fourth-tallest building in the Greater China region and the eighth-tallest office building in the world, based on structural heights; by roof height, only the Taipei 101, Shanghai World Financial Center, Willis Tower, International Commerce Centre and Burj Khalifa exceed it. It is of similar height to the former World Trade Center. The Airport Express Hong Kong Station is directly beneath it.
Press Release l June 21, 2018
Peoples’ Convention on Infrastructure Financing Challenges AIIB’s Reckless Lending:
People Vow to Resist Attempt to Usurp Natural Resources & Livelihood in the Name of Development
Mumbai: Political and social activists, academics and financial analysts included, a large number of people gathered at the inaugural of Peoples’ Convention on Infrastructure Financing in Mumbai, ahead of the Annual Meeting of Asian Infrastructure Investment Bank (AIIB), decried investments of AIIB and other international financial institutions (IFIs), causing displacement, dispossession loss of livelihood and propelling inequality and social unrest.
Speaking at the occasion eminent economist Professor Arun Kumar, questioned the development model pushed ahead by IFIs in the pretext of ‘development for all’ as their only aim is profit-oriented growth at any cost. He raised the pertinent question of ‘development for whom’.
“AIIB has created a super structure, an ecosystem which acts as a complex web of shining terminologies and projects to attract investments, which actually is a smoke screen to hide the fact that there’s no human development happening” senior activist Medha Patkar said in her speech.
Raising concerns at the crackdown of activists by the government, she lamented, "Show us one state where the people opposing the projects have not been jailed to raise their concerns about the environment, and right to life and livelihood. Recently, people were fired upon in Thutthokodi, Tamil Nadu, when they demanded a pollution free environment to live”.
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to government’s announcement in the Parliament that Rs. 2.4 lakh crore bad loans are written off, she said that “ if farm loan waver was proposed the world would have gone on a spin, while the loans of big corporations are written off and there isn’t a whimper.”
The inaugural ceremony of the three-day Convention started with music of resistance by cultural groups. Other speakers included Sreedhar, Environics Trust; Shaktiman Gosh, General Secretary, National Hawkers Federation; Leo Colaco National Fishworkers Forum / World Forum of Fisher-people; Roma, National Secretary, New Trade Union Initiative (NTUI).
Senior activist Ulka Mahajan asked, "Is land a commodity to sell to forcefully silence farmers by giving them some compensation to build infrastructure project?” She added "the land feeds generation of people by providing food,” while reminding that it will be difficult to bring back the fertility of land. "If raising issues of the marginalised is sedition, then we will continue to do it,” she emphasised.
The Peoples’ Convention on Infrastructure Financing is a 3-day confluence of people’s movements, civil society organiations and concerned citizens to deliberate about international financing and strategise a collective voice to hold these financers accountable for their impacts the lending is causing.
Background:
Asian Infrastructure Investment Bank, the two-year-old multilateral bank, is investing in all major sectors, including energy, without robust policies on environmental-social safeguards, transparent public disclosure and an accountability/complaint handling mechanism. Out of the total 24 projects, it has financed, USD 4.4 billion has already been approved. India is the biggest recipient from AIIB with more than 1.2 billion USD supporting about six projects including Transmission lines, Capital City Development at Amravati, rural roads etc. with another 1 billion USD in proposed projects.
About Us:
WGonIFIs, a network of movements, organisations and individuals to critically look at and evaluate the policies, programmes and investments of various International Finance Institutions (IFIs), and joining the celebration of the people and communities across the world in resisting them. A list of the network is available here.
Last year, when the Asian Development Bank completed 50 years, the WGonIFIs observed it by holding actions of protests in over 140 locations spread in over 21 states in India against the investment policies of ADB and other International Financial Institutions.
For further details, please contact:
Working Group on IFIs | wgonifis@gmail.com
Website: wgonifis.net
Media Kit: wgonifis.files.wordpress.com/2018/06/media-kit-peoples-co...
Media Coordinators:
Mukta Srivastava | +91 99695 30060
Shweta Tambe | +91 98693 40816
Programme Coordinators:
Maju Varghese |8826249887
Mecanzy Dabre | 9665006429
Himshi Singh | 9867348307
The International Finance Centre (abbr. IFC, branded as "ifc") is an integrated commercial development on the waterfront of Hong Kong's Central District.
A prominent landmark on Hong Kong Island, IFC consists of two skyscrapers, the IFC Mall, and the 55-story Four Seasons Hotel Hong Kong. Tower 2 is the second tallest building in Hong Kong, behind the International Commerce Centre in West Kowloon. It is the fourth-tallest building in the Greater China region and the eighth-tallest office building in the world, based on structural heights; by roof height, only the Taipei 101, Shanghai World Financial Center, Willis Tower, International Commerce Centre and Burj Khalifa exceed it. It is of similar height to the former World Trade Center. The Airport Express Hong Kong Station is directly beneath it.
國際金融中心（簡稱國金；英文：International Finance Centre，IFC）是香港作為世界級金融中心的著名地標，位於香港島中環金融街8號，面向維多利亞港。由地鐵公司（今港鐵公司）及新鴻基地產、恆基兆業、香港中華煤氣及中銀香港屬下新中地產所組成的IFC Development Limited發展、著名美籍建築師César Pelli及香港建築師嚴迅奇合作設計而成，總樓面面積達43萬6千平方米。現為恆基兆業集團和香港金融管理局的總部所在地。
Hong Kong • 香港 '10
With the help of Phillip Gereaux '12, the Inter-Fraternity Council demonstrated their commitment to service and held an electronic recycling event behind Olin Hall.
Press Release l June 21, 2018
Peoples’ Convention on Infrastructure Financing Challenges AIIB’s Reckless Lending:
People Vow to Resist Attempt to Usurp Natural Resources & Livelihood in the Name of Development
Mumbai: Political and social activists, academics and financial analysts included, a large number of people gathered at the inaugural of Peoples’ Convention on Infrastructure Financing in Mumbai, ahead of the Annual Meeting of Asian Infrastructure Investment Bank (AIIB), decried investments of AIIB and other international financial institutions (IFIs), causing displacement, dispossession loss of livelihood and propelling inequality and social unrest.
Speaking at the occasion eminent economist Professor Arun Kumar, questioned the development model pushed ahead by IFIs in the pretext of ‘development for all’ as their only aim is profit-oriented growth at any cost. He raised the pertinent question of ‘development for whom’.
“AIIB has created a super structure, an ecosystem which acts as a complex web of shining terminologies and projects to attract investments, which actually is a smoke screen to hide the fact that there’s no human development happening” senior activist Medha Patkar said in her speech.
Raising concerns at the crackdown of activists by the government, she lamented, "Show us one state where the people opposing the projects have not been jailed to raise their concerns about the environment, and right to life and livelihood. Recently, people were fired upon in Thutthokodi, Tamil Nadu, when they demanded a pollution free environment to live”.
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to government’s announcement in the Parliament that Rs. 2.4 lakh crore bad loans are written off, she said that “ if farm loan waver was proposed the world would have gone on a spin, while the loans of big corporations are written off and there isn’t a whimper.”
The inaugural ceremony of the three-day Convention started with music of resistance by cultural groups. Other speakers included Sreedhar, Environics Trust; Shaktiman Gosh, General Secretary, National Hawkers Federation; Leo Colaco National Fishworkers Forum / World Forum of Fisher-people; Roma, National Secretary, New Trade Union Initiative (NTUI).
Senior activist Ulka Mahajan asked, "Is land a commodity to sell to forcefully silence farmers by giving them some compensation to build infrastructure project?” She added "the land feeds generation of people by providing food,” while reminding that it will be difficult to bring back the fertility of land. "If raising issues of the marginalised is sedition, then we will continue to do it,” she emphasised.
The Peoples’ Convention on Infrastructure Financing is a 3-day confluence of people’s movements, civil society organiations and concerned citizens to deliberate about international financing and strategise a collective voice to hold these financers accountable for their impacts the lending is causing.
Background:
Asian Infrastructure Investment Bank, the two-year-old multilateral bank, is investing in all major sectors, including energy, without robust policies on environmental-social safeguards, transparent public disclosure and an accountability/complaint handling mechanism. Out of the total 24 projects, it has financed, USD 4.4 billion has already been approved. India is the biggest recipient from AIIB with more than 1.2 billion USD supporting about six projects including Transmission lines, Capital City Development at Amravati, rural roads etc. with another 1 billion USD in proposed projects.
About Us:
WGonIFIs, a network of movements, organisations and individuals to critically look at and evaluate the policies, programmes and investments of various International Finance Institutions (IFIs), and joining the celebration of the people and communities across the world in resisting them. A list of the network is available here.
Last year, when the Asian Development Bank completed 50 years, the WGonIFIs observed it by holding actions of protests in over 140 locations spread in over 21 states in India against the investment policies of ADB and other International Financial Institutions.
For further details, please contact:
Working Group on IFIs | wgonifis@gmail.com
Website: wgonifis.net
Media Kit: wgonifis.files.wordpress.com/2018/06/media-kit-peoples-co...
Media Coordinators:
Mukta Srivastava | +91 99695 30060
Shweta Tambe | +91 98693 40816
Programme Coordinators:
Maju Varghese |8826249887
Mecanzy Dabre | 9665006429
Himshi Singh | 9867348307
Night photo of the Apple Store and IFC Mall in Shanghai, China. One of my old photos from a short visit there in the Autumn of 2015.
See also my write-up on this beautiful city at rogeliogarcangel.com/2015/09/15/a-new-orient/
We got across to Central and got hungry. We decided we couldn't wait to get to the mid-levels/Soho area and we had to eat immediately. The closest place was the IFC mall (i.e. glitzy giant mall). It took us forever to find this place off the mall map (we got lost in Lane Crawford by accident). The restaurant was really pretty!
at the Tasty Congee & Noodle Wantun Shop, IFC mall.
A not often seen view of IFC and BoC, shot from the Kowloon Side. Had to hold the camera above a 7ft fence to get the shot.
natural picture ,no croping ect...
But there was security,which asked us not to take pictures.So we took one step towards the sidewalk and took pictures.
Hong Kong IFC (International Finance Centre) is a building complex in the Hong Kong Central District. It consists of two skyscrapers, mall and 55-story high hotel.
Two IFC is a 415-metre-tall building and currently Hong Kong's second tallest, only beaten by ICC (International Commerce Centre) which is 484-metre-tall.