Skip to main content

Belt and Road Initiative: What They're Saying



PINO MUSOLINO
Head of Venice’s Marghera Port
On Italy’s ‘Golden Power’ rules to prohibit the sale of ports to foreign entities

"The Belt and Road [Initiative] is not just about infrastructure. It's a huge design aimed at controlling trade flows and controlling the main global value chains. If you control those, you don't need to control any army anymore. You are controlling the very specific wealth of any country along those economical corridors. Chinese are very much aware of this [..] They have a clear goal and they are pursuing it."

MICHELE GERACI
Italian Economist, formerly Italy’s Undersecretary of Economic Development
On concerns over Italy joining the BRI and the potential turnover of ports

"When we hear warnings that Chinese should not invest in the Italian ports, it’s too late. China has already invested in all major European ports and almost manages 15 to 20% of European traffic."

U LIN TUN
Managing Director of Solar Firm Quasar Resources
On Chinese Sungrow and CMEC winning most of the government solar plant bids in Myanmar

"Spreading work among other qualified bidders would be more efficient and provide execution risk diversification to assure urgently needed power availability within Myanmar on schedule."

SIMON TAY
Chairman of the Singapore Institute of International Affairs
Questioning how much Myanmar could negotiate CCCC’s offer to build New Yangon City

"Myanmar needs investment. New Yangon City is a very ambitious project. It’s not a national plan and it’s primarily driven by Yangon, so they have to find someone with gumption and deep pockets to invest. Asian development needs have not been met by the West. They don’t understand the gaps we face in Asia."

MOHAMED NASHEED
Speaker of Parliament of the Maldives and Former Maldivian President
On current Chinese investments in the Maldives

"The [Chinese debt] bill was $3.1 billion. Can these assets produce enough revenue to pay back the debt? The business plan of none of these projects has any indication to suggest that it will be able to pay back the loan."

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

RWR Advisory: Belt and Road at a Glance

This edition covers developments from March 12 - March 26..  Belt and Road at a Glance   Subscribe to the Belt and Road Monitor Top Developments China National Machinery Industry Corporation, commonly known as Sinomach, has agreed to  build  a $845 million, 255-mile railway across  Iran , building upon a sustained period of growth for Chinese investment in Iran that accelerated after Xi Jinping’s state visit to the country in January 2016. The railway will link the cities of Tehran, Hamedan and Sanandaj. China Civil Engineering Construction, a subsidiary of CRCC, is currently also  building  a 263-km railway line from Kermanshah to Khosravi. According to Chinese entrepreneur Lin Zuoru, who  owns  factories in Iran, “Iran is at the center of everything.”On March 23, China’s Ministry of Commerce announced that foreign direct investment by Chinese companies in 50 Belt and Road countries fell by 30.9% year-on-year. While the Ministry stated that this number covers investment across al

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.