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Despite rising protectionism around the world, countries in Southeast Asia are pursuing regional integration, and China's Belt and Road Initiative is welcomed because it meshes with their integration and infrastructure needs, the report said.

Design work for the urban layout, street views and buildings in the area will be done, in an effort to establish a landscape that features traditional Chinese and innovative styles, he said. 

Delivering a speech at the opening gala of "China Gathering," Chinese Consul General Li Qiangmin said China is fostering a culture of innovation while strengthening the creation, protection, and application of intellectual property.

Describing the opening-up move as "inspiring", Zhang Xinsheng, executive chairman of Shell Companies in China, said the energy and petrochemical giant will enjoy more business opportunities and have more investment options in related industries with broadened market access.

Del Rosario said the proposal of the consortium was already selected and negotiation for the terms of reference, costing and project details will start this month.