China Merchants reveals future OBOR projects
China Merchants Group (CMG) is planning infrastructure projects in Djibouti, Sri Lanka and Belarus as it looks to take advantage of China’s One Belt One Road (OBOR) strategy.
Company chairman Li Jianhong told China Daily that the state-owned terminal operator is constructing warehouses in the Port of Colombo as well as building a livestock wharf and a liquefied natural gas (LNG) terminal in the Port of Djibouti.
In addition, it will invest US$500m to build the China-Belarus Industrial Park, a trade and logistics park in Belarus, and establish a logistics passage from South Asia to Central Asia and Europe, with cargo trains running from China to Europe.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
