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​Infrastructure dev. in B&R countries still promising: report

December 03, 2020


Abstract : The infrastructure development in the Belt and Road countries still shows promising prospects, reported yidaiyilu.gov.cn Wednesday quoting a report.

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The Belt and Road Infrastructure Development Index (2020) report is released on December 2 at the 11th International Infrastructure Investment and Construction Forum held in China's Macao Special Administrative Region (SAR). (Photo/China International Contractors Association)

BEIJING, Dec. 3 (Xinhua) -- The infrastructure development in countries related to the Belt and Road still shows promising prospects, reported yidaiyilu.gov.cn Wednesday quoting a report.

According to the Belt and Road Infrastructure Development Index (2020) report released Wednesday at the 11th International Infrastructure Investment and Construction Forum held in China's Macao Special Administrative Region (SAR), the infrastructure construction in the Belt and Road countries presents new changes this year amid the COVID-19 pandemic.

The pandemic has exerted great impacts on the infrastructure construction of these countries, and the infrastructure development in different countries varies greatly, with Indonesia, Malaysia and the Philippines ranking the top three in terms of development index, said the report.

It noted that transport infrastructures like modern railways, expressways, automated ports and airports remain key fields of cooperation, and meanwhile, the construction of related public health infrastructure is expected to step on fast lane.

With the accelerated integration of digital and information technologies and infrastructure construction, as well as the increasing practices in new energy, green buildings and green financing, the infrastructure development in the Belt and Road countries is still promising, said the report.

The Belt and Road Infrastructure Development Index (2020) report was jointly issued by the China International Contractors Association (CHINCA) and China Export & Credit Insurance Corporation. 

Given the risks caused by the COVID-19 pandemic, the report proposed to enhance international cooperation, speed up financing innovation, improve risk and compliance control, and attach importance to scientific and technological innovation, so as to promoted infrastructure development in the Belt and Road countries.

(Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)

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Keyword: B&R countries infrastructure development

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