One Belt One Road Malaysia
The association consists of a group of malaysian entrepreneurs who have investment in china.
One belt one road malaysia. The project aims to link china with the rest of asia and europe over land routes and sea ports. With the infrastructure development along the route local businesses will be able to take advantage of as well as leverage the connectivity that would be made available thanks to the initiative. Much has been said about the one belt one road obor initiative a project initiated by china. Through our strong presence and business network we have been actively promoting malaysia as a prime investment destination in south east asia for chinese entrepreneurs.
Beijing china media outreach aug 30 2016 proposed by president xi jinping in 2013 the one belt one road obor initiative is an attempt to boost trade and political relations between. China and malaysia resumed construction on a massive belt and road train project in northern malaysia on thursday after a year long suspension and following a rare agreement to cut its cost by. The new proposed trade route is expected to bring great economic growth opportunities to the region. Rather than the traditional method of importing raw materials and producing in china the initiative seeks to shift certain industries to outside of china and play a bigger role in the production chain by providing infrastructure and services to enable this.
It covers developing areas with gdp per capita exceeding us 10 000 rm40 238 and will provide a conduit to share prosperity in the dynamic world of today. The one belt one road initiative covers 65 countries 41 3 of the world s total area and 60 of the world s population 4 4 billion. China s one belt one road initiative has one key feature which is to develop industrial capacity and demand outside china. Covering 68 countries at a cost of us 1 trillion rm4 04 trillion this project aims to be the largest ever infrastructure project undertaken by any one country in the world.
The maritime leg of its much vaunted one belt one road obor infrastructure scheme. The sales office for forest city one of malaysia s largest residential property developments. Persatuan muafakat one belt one road one belt one road association is a non profit organization. Malaysia is expected to reap the benefits of china s one belt one road obor initiative.