13 Aug 2015
The Silk Road Economic Belt and the 21st Century Maritime Silk Road
By Fung Business Intelligence Centre
While the Belt provides ample opportunities for sourcing resources and commodities from the West and Central Asia, the emerging South and Southeast Asian countries along the Road are potentially vast consumer markets. It was estimated that countries along the Belt and Road would create an “economic cooperation area” that jointly account for 64.2%, 37.3% and 31.4% of the world’s population, GDP and household consumption respectively. The report also pointed out that in implementing the “One Belt One Road” initiative, business opportunities would be seen in sectors such as infrastructure construction, finance, trade and logistics, distribution and retail.