Melaka Gateway: The deep sea port is reportedly targeted to be a liquid cargo terminal with storage facilities that will benefit oil trading in Asia, Europe and the Middle East.
EVER since China rolled out its Belt and Road initiative, many countries have received billions of dollars towards infrastructure development to boost trade and investment along the old Silk Road that connects China and many other countries.
For the developing nations along the Silk Road, receiving huge sums of money has boosted economic growth as China aims to intensify linkages with countries.