BELT AND ROAD

What is the BRI?

In 2013, China announced the “Belt & Road” Initiative, also dubbed the “New Silk Road”. This is one of the largest infrastructure project to date, with mass development and investment involved. While there is no exact border, it is generally interpreted as a network of overland corridors (New Silk Road Economic Belt) and maritime routes (21st Century Maritime Silk Road)

The BRI covers 5 aspects on a broad scale. Policy coordination to support large scale infrastructure development projects; Facilities which service the purpose of connecting countries along the Belt and Road; Cultural exchange between people; Financial integration and collaboration; Cross-border trade investment and supply chain cooperation.

Major economic Corridors

- The New Eurasia Land Bridge Economic Corridor
- The China-Mongolia-Russia Economic Corridor
- The China-Central Asia-West Asia Economic Corridor
- The China-Indochina Peninsula Economic Corridor
- The Bangladesh, China, India, Myanmar Economic Corridor
- The China-Pakistan Economic Corridor

The large coverage and scale indicate that no land will be able to avoid the impact of what will be a new EuroAsia era.

Misconceptions

Myth	Fact
There is "One Belt & One Road"	It is a network of interconnected economic corridors
There is a physical border for the Belt and Road	Countries from almost all continents are involved, the BRI is an overall umbrella term for China’s global collaboration
The Belt and Road Initiative is mainly railway developments	Land and sea bear the same significance, it is a intermodal system
It is a Chinese-only effort	It is a global scale project with over 130 countries signing MOU’s

Challenges and Opportunities

The Belt and Road Initiative is without doubt one of the largest global projects to ever take place in history. With the investments in infrastructure, trade boosting programs and new facilities connecting both developed and upcoming hubs, the global supply chain is being reshaped.

For the many logistics companies out there, who are at the frontier when it comes to the change in movement of goods, this means both challenge and opportunity. However, many questions still need to be answered to leverage these opportunities. What exactly is the Belt and Road Initiative, and what can we do to benefit from it? Who are the local players and who can I rely on to help me serve my clients? And finally, how should I position myself and my company to gain a strong foothold in the growing markets of the New Silk Road?

The New Silk Road Network is there to help small and medium sized logistics companies to answer these questions. By creating a selective community of professional logistics companies and stimulating the exchange of information, know-how and business, we enable our members and partners of the network to benefit from the impact of the Belt and Road Initiative.

Join us!