Skip to main content

Belt and Road encourages private investment in infrastructure

By CGTN’s Mao Dan

With opportunities in Belt and Road Initiative, private investments are needed to develop infrastructure projects, representatives at the 9th International Infrastructure Investment and Construction Forum said at the event held in Macao on Thursday and Friday. 

Infrastructure needs in the Asia Pacific region will exceed 22.6 trillion US dollars by 2030, or 1.5 trillion US dollars per year, if the region is to maintain growth momentum, according to estimates from the Asian Development Bank. 

Najeeb Haider, manager of investment operations department III at AIIB, speaks to CGTN. / CGTN photo

Faced with a huge need for capital, the Asian Infrastructure Investment Bank (AIIB) is trying to increase the proportion of private capital in financing large infrastructure projects and taking energy, transportation and sustainable cities as a priority in capital allocation, Najeeb Haider, manager of investment operations department III at AIIB, told CGTN on the sidelines of the forum. 

The upcoming Shanghai Cooperation Organization Summit in Qingdao city is expected to promote infrastructure projects in Central and South Asia and bring benefits for other business sectors.



https://news.cgtn.com/news/3d3d514e7a6b544f77457a6333566d54/share.html

Comments

Popular posts from this blog

Balochistan Advocacy : Japan-Baloch alliance

Muneer Mengal in Japan.

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

5 Shia Hazara community members gunned down in Pakistan

http://m.hindustantimes.com/world-news/5-shia-hazara-community-members-gunned-down-in-pakistan/story-CHWR4lYByRHzf2KjHjMloI.html



Five members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.This is not the first time that members of the Hazara community have been targeted in Quetta and other parts of Balochistan.(Reuters File Photo)Updated: Sep 11, 2017 00:20 ISTBy Press Trust of India, Press Trust of India, KarachiFive members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.The gunmen targeted a car in Kuchluck area of Quetta while it was coming from the Chaman border crossing area, police said.The firing took place when the travellers had stopped at a filling station to refuel their vehicle. Five people of the Shia Hazara community, including two women, died in …