1. We have come out with our grand report titled :
"The BRI Status: A Grand Report" on Its Present and Future.
Here is a thread on the same.
#BRI #China
Link: ij-reportika.com/the-bri-a-gran…
@ShawnG927 @jenny_kjacobs @tiffanymeier_ @NoCCPGenocide @UMM1776
2. "The #BRI Status: A Grand Report on Its Present and Future" sheds light on numerous challenges faced by BRI like:
cost overruns,
corruption,
environmental damage,
funding issues,
repeated delays,
lack of progress,
and poor quality of development.
@Santos4Congress
3. According to our investigation, 62.8% of the countries that have joined the #BRI are #developing countries, while around 17% are #developed countries.
This suggests that the BRI is primarily focused on developing countries.
@GundamNorthrop @Byron_Wan
4. Furthermore, Countries whose political parties competed with one another were more likely to join the #BRI.
Leaders in these countries, like #Kenya, are more likely to be enticed by #Chinese loans, as the loan terms and their future implications are kept secret from public.
5. 27% of the nations in #BRI are in #Asia and
33.1% are in #Africa.
Resources like #cobalt, diamonds, platinum, and #uranium are abundant in most of the African nations that make up the BRI.
#China lures nations in Asia for financial, geopolitical and strategic upsides.
6. Most common issues encountered by #BRI projects in Africa were #environmental damage (74.19%), as a result of skewed and shoddy environmental impact assessments (#EIA), and cost #overruns (77.42%), which have multiplied the projects’ costs.
Only 19.35% were finished.
7. The report also exposes the issue of preferential employment practices, with #Chinese workers being prioritized over #African natives in #BRI project implementation.
It underscores occurrence of significant cost overruns, such as in #Maputo-Katembe Bridge Proj in Mozambique.
8. The govt negotiated the project badly and on terms that amounted to surrendering #Tanzania’s sovereignty said President #JohnMagufuli on #Bagamoyo Port Project, Tanzania, and halted it forever.
Read case studies of all such projects !
ij-reportika.com/the-status-of-…
9. People of various #African countries started numerous protests against #BRI projects like the #SGR Railway project in Africa.
This project was not designed properly, thus termed as "Railways to NO-where".
They displaced millions without compensation n killed the wildlife.
10. Terms of several #Chinese loans were termed as draconian by experts like #Kribi Deep Sea Port Project, #Cameroon.
@PhaedraXTeddy @ana_petrov1
11. Similarly the #BRI status of #Nepal also is not a happy picture.
94% : cost overruns,
60% : detrimental to the environment,
100% : pendency,
12% : false claims (Non-BRI successful projects claimed as BRI projects),
60% : corruption,
53% : very poor quality.
12. Many projects are suffering from cost overruns:
Rasuwagadhi-#Kathmandu Road Upg
Kimathanka-Hile Road Construction
Road from Dipayal to #China Border
Tokha-Bidur Road
#Tamor Hydroelectricity Project
Phuket Karnali Hydroelectric Project
Nepal-#China Cross-border Railway Proj
13. #WestSetiProject predates #BRI, #Chinese specialists referred to it as a BRI project before CWE formally declined it, which resulted in significant financial losses for #Nepal.
The cost overrun in the West Seti Hydroelectric Project is estimated to be around USD 932M.
14. For #BudhiGandaki Hydroelectricity Project
Ij-Reportika reporters talked to a lot of locals who said that this project has demolished their lives completely.
Even the project’s official website on Resettlement and Rehabilitation is #UnderConstruction just like the project.
15. For the road projects the #Chinese part is complete and the #Nepal's part is still lingering.
1. #Kathmandu-#Nijgadh Expressway
2. #Rasuwagadhi-Kerung Border Point – The Rasuwagadhi border
3. #Rasuwagadhi-Hilsa Road Project
16. Similarly in #Pakistan, The Pakistani economy is in a state of flux. The country is facing several challenges, including high inflation, a widening trade deficit, and a slowing economy.
Total debt from #China to Pakistan has been increasing since 2017.
17. Our rigorous investigation has revealed that #CPEC is failing. The #Pakistani government has acknowledged that it is having difficulty paying back the loans it took out to fund the project.
Here are the problems it is facing:
18. The report also identifies projects that have encountered major challenges, such as the #NewGwadarAirport with a significant cost overrun of USD 1B in #Pakistan.
It also highlights funding issues n corruption in projects like Friendship University & Friendship High School.
19. In #Srilanka,
71% of projects had cost overruns,
79% caused environmental damage,
86% were delayed,
86% were affected by corruption,
50% were completed,
50% were of poor quality, and
21% were used to advance China’s geopolitical interests.
@GundamNorthrop @Byron_Wan
20. In 2017, #SriLankan government leased the #Hambantota port to #China Merchants Port Holdings for 99 yrs.
Read the case studies on Colombo Port City Project, Mahinda Rajapaksa International Cricket Stadium in Hambantota, and Norochcholai Power Station Project in the report.
21. Report finally discusses the issues that the BRI projects in #Bangladesh are facing.
Firstly due to its failing economic stats ‘#Bangladesh Reassesses its BRI Strategy as the US Offers a New Alternative,’ the initial excitement in Bang for #BRI projects appears to have faded.
22. The #PadmaBridge was embroiled in controversy over “#BRI or not BRI” as well as delays, funding difficulties, worries about environmental effects, and the relocation of local populations.
#China has attempted to include non-BRI projects under BRI over the years.
23. The #Sonadia Deep-Sea Port Project exemplified the controversies surrounding #BRI, with concerns raised by the #Indian government, environmentalists, and local residents about strategic implications, ecosystem impact, and displacement.
24. It is crucial to address these issues and ensure that #BRI prioritizes transparency and accountability.
Lessons from past should guide future decisions, with a focus on mutually beneficial partnerships that genuinely contribute to progress of hosts.
ij-reportika.com/the-bri-a-gran…
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