China’s OBOR may be largest overseas investment push in history
Domestic Chinese construction and machinery companies will be biggest beneficiaries
Credit Suisse analysts see One Belt, One Road investments ballooning to as much as US$500 billion dollars, or more, Bloomberg reported today.
This comes after the Financial Times reported yesterday that planned investments in the initiative total US$900 billion, in what is arguably the largest overseas investment push by a single country in history.
In the Credit Suisse report this week, Hong Kong-based analyst Shen Hu wrote that financing for Belt and Road infrastructure projects could total anywhere between US$313 billion to US$502 billion, across 62 countries.
India, Russia, Indonesia, Iran, Egypt, the Philippines and Pakistan could see the most action. Chinese domestic construction and machinery companies, along with other Asian firms with close ties to China’s investments would likely be the biggest beneficiaries.