Poland has already passed the halfway point in the construction of its basic network of motorways, expressways and rings. These are very expensive investments, but they provide a fast return on the investment. In some cases, the new roads pay for themselves within one year.
By the end of December 2019, Serbian President Aleksandar Vučić and Prime Minister Ana Brnabić presented the Serbia 2025 program, which contains a plan of investment projects for the development of the country over the next five years.
One of China’s largest state-owned banks, the Bank of China, opened a new branch in the Romanian capital of Bucharest. The new European branch is expected to help financing China-EU connectivity projects.
Investors are finding new infrastructure opportunities on a global scale, including 5G, subsidy-free renewables, smart cities and PPP in new markets, writes law firm CMS in its latest Infrastructure Index report.
The authorities in Kiev have had high hopes associated with China's economic presence in Ukraine for many years. However, the official declarations are rarely followed by real actions. For China, Ukraine is still primarily a large market for Chinese goods.
Everyone who drives a car is able to enjoy great roads, but this pleasure comes at a certain cost. There are measures confirming that road construction costs are lower than the benefits, while investments in motorways provide a strong boost to the economy.
Croatian tourist pearl, Dubrovnik, hosted the 9th 16+1 summit of the Central and Southeast European (CSE) countries and China. The idea was born after the first Economic-Trade Forum in 2011 in Budapest.
The poor condition of Ukraine's transport infrastructure is effectively impeding the economic development. The Ukrainian government has announced fundamental policy changes and an enormous injection of funds for infrastructure.