China building 30% of world's infrastructure

China building 30% of world\'s infrastructure

A new report from Timetric’s Infrastructure Intelligence Center (IIC) shows that projects around the world with Chinese contractor involvement make up 16 percent of the global total by project number. However, the size of China-sponsored projects translates to 31 percent of the total global infrastructure project value, which is USD17.1 trillion as of 2017.

The report says Chinese contractors are involved in 1,034 projects outside China, with the majority in Asia, the Middle East and Africa and most linked to the One Belt, One Road initiative. Of those projects, 40 percent are rail schemes.

Asia receives the bulk of investment and involvement from Chinese companies and is home to 430 projects valued at USD1.2 trillion, in which China is at least partially involved.

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