private sector ensure the success of One Belt One Road

The effective mobilisation of private sector funds will be key to ensure the success of China’s One Belt One Road (OBOR) initiative, according to the group chairman and CEO of DP World, Sultan Ahmed Bin Sulayem.

News ID: 70530

Date: 25 November 2016 - 09:21

In an interview with IHS Fairplay, Sultan Ahmed Bin Sulayem said the connection between private and public funding would be critical to raising the estimated USD2–3 trillion in resources required for the programme, which he said had the potential to become the world’s largest platform for global trade development, MANA reported.
“One Belt One Road covers 65% of the population of the globe and 40% of GDP. We admire China’s ambitious plan and are very excited about the potential it offers,” he said.