'Belt and Road Initiative yielding tangible outcomes'
Visitors attending this year's Belt and Road Summit said on Wednesday that the signature initiative launched 13 years ago is yielding more "tangible outcomes" amid rising investment appetite. Shaimerden Chikanayev, a lawyer from Kazakhstan, said Chief Executive John Lee's visit to Central Asia earlier this year has sparked interest from businesses from both regions to expand trade and…
Visitors to the Belt and Road Summit this year have highlighted the initiative's growing impact and tangible results, despite initial skepticism. Kazakh lawyer Shaimerden Chikanayev noted that Chief Executive John Lee's recent visit to Central Asia has generated interest in expanding trade and cooperation between the two regions.
Chikanayev pointed to the recent commissioning of a light railway transport system in his hometown, Astana, as evidence of the Belt and Road Initiative's tangible benefits for Kazakhstan's people. Sumit Dutta, a Thai entrepreneur, observed that global companies are increasingly focusing on long-term, sustainable growth in the Asean region, with the Belt and Road Initiative paving the way for infrastructure development and expanding markets.
Meanwhile, Michael Odhiambo, a Hong Kong-based Kenyan entrepreneur, expressed optimism about leveraging the Belt and Road Initiative to enter underserved markets in Southeast Asia and Africa, emphasizing the framework's ease of doing business in different countries.
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