Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua
Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua
Comment /  Letters

Letters | China should ensure belt and road projects are viable before making loans

  • Money spent on projects that are not viable to begin with would not benefit the developing countries seeking the loan. Feasibility studies must first be carried out

Topic |   Belt and Road Initiative
Letters
Letters

Updated: 12:45am, 6 Dec, 2020

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Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua
Namibian officials and a representative of China Gezhouba Group Corporation take part in a groundbreaking ceremony on November 30 for rail construction in Arandis, western Namibia, that will be undertaken by China Gezhouba Group. The Namibian government will cover 56 per cent of the railway’s cost, with 44 per cent covered by a loan from the African Development Bank. Photo: Xinhua
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