Belt and Road Initiative could transform Africa's economy: expert
                           Source: Xinhua | 2019-03-08 20:12:08 | Editor: huaxia

          File photo shows Kenyans sing and dance beside one of the first batch of locomotives that were made by Chinese companies for the Mombasa-Nairobi Standard Gauge Railway, in Mombasa, Kenya, on Jan. 11, 2017. (Xinhua/Sun Ruibo)

          NAIROBI, March 8 (Xinhua) -- The Chinese-proposed Belt and Road Initiative could transform Africa's economy, economic analyst said on Thursday.

          James Shikwati, director of Inter Region Economic Network (IREN), a think tank, told Xinhua in Nairobi that Belt and Road Initiative is a game changer because it has made African countries start thinking beyond their national borders.

          "What the Chinese have done is to galvanize the imagination of people to think regionally through cross border infrastructure projects," Shikwati said during the release of the Metropol 2019 Kenya Economic Outlook.

          He urged African countries that are along the route of Belt and Road Initiative to use it to uplift their communities.

          "It is up to African governments to put in place measures to ensure that they leverage the opportunities provided by Belt and Road Initiative to accelerate their country's economic development," he added.

          He observed that the initiative provides an alternative to the traditional financing models offered by the World Bank and the International Monetary Fund (IMF) which peg their credit on the size of economy of the recipient countries.

          He noted that the Chinese are able to finance projects based on the long term needs of a country.

          According to IREN, African countries have a huge infrastructure financing gap that cannot be met solely through public resources.

          Shikwati added that African countries will only develop if they are willing to take financing risks to fund their development projects.

          He revealed that Kenyan President Uhuru Kenyatta's development project, dubbed the Big Four Agenda on food security, manufacturing, universal healthcare and affordable housing could also benefit immensely from the Belt and Road Initiative.

          Back to Top Close
          Xinhuanet

          Belt and Road Initiative could transform Africa's economy: expert

          Source: Xinhua 2019-03-08 20:12:08

          File photo shows Kenyans sing and dance beside one of the first batch of locomotives that were made by Chinese companies for the Mombasa-Nairobi Standard Gauge Railway, in Mombasa, Kenya, on Jan. 11, 2017. (Xinhua/Sun Ruibo)

          NAIROBI, March 8 (Xinhua) -- The Chinese-proposed Belt and Road Initiative could transform Africa's economy, economic analyst said on Thursday.

          James Shikwati, director of Inter Region Economic Network (IREN), a think tank, told Xinhua in Nairobi that Belt and Road Initiative is a game changer because it has made African countries start thinking beyond their national borders.

          "What the Chinese have done is to galvanize the imagination of people to think regionally through cross border infrastructure projects," Shikwati said during the release of the Metropol 2019 Kenya Economic Outlook.

          He urged African countries that are along the route of Belt and Road Initiative to use it to uplift their communities.

          "It is up to African governments to put in place measures to ensure that they leverage the opportunities provided by Belt and Road Initiative to accelerate their country's economic development," he added.

          He observed that the initiative provides an alternative to the traditional financing models offered by the World Bank and the International Monetary Fund (IMF) which peg their credit on the size of economy of the recipient countries.

          He noted that the Chinese are able to finance projects based on the long term needs of a country.

          According to IREN, African countries have a huge infrastructure financing gap that cannot be met solely through public resources.

          Shikwati added that African countries will only develop if they are willing to take financing risks to fund their development projects.

          He revealed that Kenyan President Uhuru Kenyatta's development project, dubbed the Big Four Agenda on food security, manufacturing, universal healthcare and affordable housing could also benefit immensely from the Belt and Road Initiative.

          010020070750000000000000011100001378792901
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  在线亚洲中文精品第1页 | 日韩v国产v亚洲v精品v | 亚洲高清AV一区二区三区 | 亚洲中文字幕在线观看视频 | 一本一道久久a久久精品综合 | 女同欧洲亚洲一区二区 |