BRI projects deliver tangible benefits to Cambodia during the pandemic
Cooperation projects under the Belt and Road Initiative (BRI) have brought tangible benefits to Cambodia and the world during the COVID-19 pandemic, a Cambodian scholar said on Saturday.
“During the COVID-19 pandemic, I think the BRI has played a very important role in helping countries cushion the economic fallout from the pandemic,” Joseph Matthews, a senior professor at BELTEI International University, told Xinhua. Phnom Penh.
“The BRI remains a driving force in continuing to expand cooperation between countries in the region and the world as a whole in the cause of peace, security, prosperity and sustainable development,” he said. declared.
In the Southeast Asian country, he said BRI projects such as hydropower plants, the Phnom Penh-Sihanoukville highway, the new Siem Reap international airport, the national stadium and the special economic zone of Sihanoukville, among others, have brought great benefits to the Cambodian economy. development.
“The Sihanoukville Special Economic Zone has contributed greatly to the country’s increased exports, and the hydroelectric power stations have provided stable electricity, which is essential to ensure the normality of people’s daily life and business,” said Matthews.
He said the development of infrastructure such as roads, railways, airports, seaports, hydropower plants and special economic or industrial zones under the BRI is crucial to reduce logistics costs, improve economic competitiveness and diversify the sources of growth.
Southeast Asian countries such as Laos, Thailand, Indonesia and Malaysia have also benefited greatly from the BRI, he said, adding that the China-Laos high-speed rail project, which connects Kunming in the Chinese province of Yunnan to the Laotian capital Vientiane, is a boon not only for the two countries, but also for other countries in Southeast Asia.
“Since its inception in 2013, the BRI has been becoming the new engine of global economic growth and it has greatly contributed to strengthening regional and global cooperation in terms of hard and soft infrastructure, economy, trade, investment opportunities, cultural exchanges and people for people connectivity,” he said.
Matthews said China has always shared its knowledge, technology and wealth with developing countries around the world.
“The BRI, backed by the Asian Infrastructure Investment Bank (AIIB), has connected the world as a community with a shared future for mankind, and the fruits of China’s development have always been shared with the world,” he said.
The BRI, a reference to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was launched by China in 2013 to build trade and infrastructure networks linking Asia to the Europe and Africa on and beyond the ancient Silk Road trade routes. Xinhua
- Keywords: BRI, COVID-19 pandemic