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KUCHING: More Sarawak and peninsula-based construction companies are expected to secure jobs under the billion-ringgit Sarawak Coastal Road Network project as the award of contracts picks up momentum.Five contracts – four of them bridge projects across rivers – worth a combined RM1.76bil have been awarded since February.
BEIJING: China Communications Construction Co (CCCC) chairman Liu Qitao discusses the outlook for China’s Belt and Road Initiative, and his company’s role as the biggest builder of projects in this bid to strengthen trade links across Asia, Europe and Africa.
HONG KONG: Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China's acquisitive conglomerates to restrict capital outflows
BEIJING: China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high quality" growth for everyone.
BEIJING: Chinese President Xi Jinping’s grand Belt and Road Initiative is getting a makeover to tone down government rhetoric and tighten oversight, after allegations of corruption and a lack of sustainability dogged some of its highest-profile projects.
SHANGHAI: World leaders meeting in Beijing this week for a summit on China's Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reuters.
SHANGHAI/BEIJING: Global security companies and their smaller Chinese rivals are jostling for business along Beijing's modern-day "Silk Road", the grandiose plan for land and sea routes connecting the world's second largest economy with the rest of Asia and beyond. The small consortium of security providers was set up early last year and operates in six countries: Malaysia, Pakistan, Turkey, Mozambique, Cambodia, and Thailand.