The EU has introduced an alternative to Chinese infrastructure investment.

Friday, December 3, 2021
The EU has introduced an alternative to Chinese infrastructure investment.

The European Commission has approved the Global Gateway strategy, which should respond to China’s “One Belt, One Road” initiative, reported DW. According to the plan, Brussels officials want to attract 300 bln by 2027 to develop infrastructure in the world. The EU’s goal for the six Western Balkans countries is to connect all their capitals and the EU by rail and road. The investment plan for the Eastern Partnership (Azerbaijan, Armenia, Belarus, Georgia, Moldova, and Ukraine) provides for attracting 17 bln of investments, including digital infrastructure projects.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
The creation of 24 new industrial parks has begun.

The creation of 24 new industrial parks has begun.

Next post
Twelve banks will receive portfolio state guarantees of UAH 8.1 billion ($300 mln).

Twelve banks will receive portfolio state guarantees of UAH 8.1 billion ($300 mln).

Previous Main Topics