US$240 Billion Funding For One Belt One Road

Funding for the One Belt One Road (OBOR) initiative, China’s game-changing development plan to link the country with the African, Asian and European continents, has gained some traction with accumulated pledges of about US$240bil to date.

The Asian Institute of Chartered Bankers (AICB) Chairman, Tan Sri Azman Hashim said the amount includes the Asian Infrastructure Investment Bank’s pool of about US$100bil for the initiative.