Bolivia just leveled up its industrial game! The country's first modern integrated steel plant, launched in late February, is now live with a 200,000-ton annual output capacity. This isn't just about metal—it's a jobs powerhouse 💼, set to create thousands of opportunities and boost local manufacturing. Hint: this is the Belt and Road Initiative (BRI) flexing its muscles again.
Ambassador Hugo Siles, Bolivia’s top diplomat in China, called the BRI a 'new solution for global development,' highlighting how it’s bridging gaps and empowering nations in the Global South. 🌍🤝
But wait, there’s more! China’s vision for a shared future is going global. Over 100 countries now back initiatives like the Global Development Initiative and Global Security Initiative, while 3/4 of the world’s nations are onboard with BRI projects. From a blueprint in 2013 to real-world impacts today—think ports, railways, and now steel plants—this vision is reshaping how countries collaborate.
Why it matters? It’s not just steel. It’s about creating a playbook for sustainable growth, one infrastructure project at a time. 🚂🌱
Reference(s):
cgtn.com