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Infrastructure construction under CPEC will transform model


Infrastructure construction under CPEC will transform model
National
February 8, 2021
BEIJING: Infrastructure construction under CPEC will emerge as a model, according to China International Contractors Association (CHINCA).
Gwadar Pro reported on Sunday, that CHINCA summarized the development of Chinese international projects in BRI countries in 2020 last week.
Fang Qiuchen, the Chairman of CHINCA, remarked that infrastructure construction under BRI and CPEC will transform and upgrade their model in several respects.
The summary says in 1979, the annual value of China’s overseas contracts was only $34 million, and in 2020, the number exceeded $250 billion, an increase of nearly 8,000 times in the past 40 years.
Fang said, Asia, the largest benefited destination area of China’s infrastructure assistance, has accounted for more than 50% of the newly signed and completed contracts globally in 2020. ....

Saudi Arabia , Fang Qiuchen , China International Contractors Association , Orange Line , Overseas Sustainable Infrastructure Projects , Chinese Enterprises , சவுதி அரேபியா , சீனா சர்வதேச ஒப்பந்தக்காரர்கள் சங்கம் , ஆரஞ்சு வரி , ஓவர்‌ஸீஸ் நிலையான உள்கட்டமைப்பு ப்ராஜெக்ட்ஸ் , சீன நிறுவனங்கள் ,