Malaysian Prime Minister Mahathir Mohamad has confirmed his country’s full support for China’s strategy of developing a “Belt and Road” to build the infrastructure to revive ancient Silk Road routes linking Asia and other parts of the world through railways, airports, pipelines and other means. Related infrastructure.
“The Belt and Road Initiative is great, and I fully support the initiative, and it is certain that Malaysia will benefit from these projects,” Mahathir Mohamad said in a speech at the opening session of the second session of the Belt and Road Forum for International Cooperation at the China National Convention Center in Beijing on Friday. To protect the lanes along the “Belt and Road” routes, and to be open to all.
“There is a fundamental element of freedom of movement along these roads and corridors” associated with the initiative, he warned, “bureaucratic trouble will slow travel speed, so it is necessary that these corridors are free and open to all“ He said.
The Prime Minister of Malaysia said that the corridors must also be safe because “terrorism and war will make these modern wonders (development provided by the projects of the initiative) unable to provide the benefits they promise“ He said.
On Thursday, Mahathir and Chinese Premier Li Keqiang witnessed the signing of several agreements on palm oil trade, ECRL, as well as the revival of Bandar Malaysia – a mega township project in Kuala Lumpur with an estimated cumulative gross development value of RM200 billion (US$48.4 billion).
Under a Memorandum of Understanding, China is set to purchase an additional 1.9 million tonnes of palm oil from Malaysia over the next five years. Dr Mahathir had revealed earlier that Malaysia hoped to take advantage of the ECRL renegotiation to sell more palm oil to China.