A road worth travelling for Singapore businesses

CHINA'S Belt and Road Initiative (BRI) is an ambitious undertaking that has the potential to reshape the global economy and transform world trade. Many governments, multinational development organisations and international corporations welcome the opportunity to fill the infrastructure gap and strengthen the value chain network. With over 60 countries and 4.4 billion people included in the route passing from Asia to Africa, covering one-third of world GDP, the economic and financial benefits are likely to be significant.

Singapore, a key node along the Maritime Silk Road, is well positioned to advance the…