On 1st December, 2021, the European Commission announced an international infrastructure plan - the “Global Gateway Plan” - a move seen as a response to China’s Belt and Road strategy.
Global Gateway Plan: Key Highlights
Investment: It is a plan to mobilise €300 billion (between 2021 and 2027) in public and private infrastructure investment around the world.
The investment will be made in projects that can be delivered with high standards, good governance, and transparency while ensuring financial sustainability at the same time.
Expected Outcomes: This will help develop sustainable and high quality digital, climate, energy and transport infrastructures. The plan will ....
