EU’s Global Gateway Plan
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.
- Expected Outcomes: This will help develop sustainable and high quality digital, climate, energy and transport infrastructures. The plan will strengthen health, education and research systems across the world.
- The investment will be made in projects that can be delivered with high standards, good governance, ....
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