In just four and a half years, China’s One Belt One Road (OBOR) initiative has made significant progress. New projects such as railways and roads, ports and power plants have begun in numerous countries around the world. At the same time, new opportunities are opening up as the initiative goes beyond infrastructure to technology, manufacturing, logistics, agriculture, tourism and many others. According to Perry Fung, CEO Middle East and Africa for the Hong Kong Trade Development Council (HKTDC), Hong Kong is the best place to turn Belt and Road concepts into viable commercial ventures. He told FTW some major milestones had already been achieved – including the opening of the world’s longest sea crossing bridge, the Hong Kong-Zhuhai bridge, in October this year. Linking Hong Kong to mainland China, this 55km stretch of road and bridge took nine years to construct at a cost of around $20 billion.
