By 2025, China Development Bank (CDB) is successfully implementing a financing support package of 350 billion yuan under the Belt and Road Initiative. One of the most recent projects, carried out in partnership with Chinese and Uzbek financial institutions, involves the purchase of 1,000 innovative electric and natural gas buses for public transportation in Tashkent. This project is just one example of how the financing provided for the Belt and Road Initiative is enhancing social infrastructure and promoting green transformation.
The public transport project in Tashkent, Uzbekistan, is one of the key examples of China Development Bank’s support. In the first phase, completed in 2023, the project secured the purchase of 1,000 new environmentally friendly buses. With these vehicles, Tashkent’s transport lines have been intensified, passenger waiting times significantly reduced, and the quality of life for citizens improved. The project has also created additional jobs, contributing to local social development and accelerating regional growth.
A similar success story can be seen in the Saysettha Comprehensive Development Zone in Laos. Since 2016, with the financial backing of China Development Bank, this project has rapidly progressed with the construction of new industrial areas, logistics centers, and energy facilities. By 2024, China Development Bank aims to support the second phase of investments in Laos, further enhancing the region’s appeal. This project plays a vital role in increasing trade and cooperation between China and Laos.
Additionally, China Development Bank supports port projects in the Beibu Gulf region in southern China. In 2024, new construction at the Qinzhou Port in Guangxi will contribute to increasing regional trade. These projects not only strengthen infrastructure but also develop key transportation routes under China’s Belt and Road strategy. Through these initiatives, China Development Bank is enhancing international cooperation and contributing to China’s global development vision.