Belt and Road projects-Actions to success
The Belt and Road Initiative (BRI) is an important and ongoing worldwide initiative in People’s Republic of China (PRC) , that the PRC has organised an annual Summit (Summit) in the Hong Kong Special Administrative Region to report on progress and where to next. This article put forward three major themes were consistently raised at the Summit as essential to successful transition from Vision to Action. The most successful cross-border investments are those which are implemented in conjunction with a considered and tailored risk management plan. The growing involvement of private enterprise is also consistent with our experience as set out above under ‘Vision to Action’. Harmonisation of regulations and policy coordination between participating nations is essential to the success of the BRI, where projects often transcend political and jurisdictional boundaries.