10 amazing Belt and Road Initiative projects
Belt & Road
China's Belt and Road Initiative, proposed by President Xi Jinping nearly six years ago, has made practical progress, with 125 countries and 29 international organizations having signed 173 cooperation agreements under the initiative framework as of March 27.
chinadaily.com.cn丨Updated: April 4, 2019
The Colombo Port City is seen under construction in Colombo, Sri Lanka on April 22, 2018. [Photo/Xinhua]
The China-funded Colombo Port City, the largest project between China and Sri Lanka under the Belt and Road Initiative, completed land reclamation of 269 hectares in January.
In addition, hydro-structure construction will be completed by the middle of this year. The port city's municipal facilities construction is expected to be completed in July 2020. At the same time, investment promotion of the city is also being carried out.
The $1.4 billion project, co-developed by Sri Lanka's government and China Communication Construction Co Ltd, is expected to bring 83,000 jobs to locals in 20 years.
