We signed up for the One Belt One Road Initiative; Here’s our One Road (and no doubt the first of many);
A Chinese construction company has offered to build a long-planned four-lane toll road north of Auckland.
Auckland Business Chamber’s chief executive Michael Barnett said the company was willing to foot most of the $400 million needed to build the seven kilometre Penlink Toll Road, linking the Whangaparaoa Peninsula with State Highway One.
“This road is probably the only project ready to go in Auckland right now, all that’s been holding it up is lack of finance,” he said.
If the company’s unsolicited bid gets accepted by the Government, Penlink Toll Road would be New Zealand’s first Chinese-funded and built road, said Barnett. (More at source)
However, these plans have a habit of coming to an unfortunate end…for the “victim” nation, that is:
Christchurch mayor Lianne Dalziel with Guoxin International executives in 2015.
I believe NZ should take heed of what has happened to other casualties of Chinese investment, and tread carefully!
- New research paper lays bare China’s influence campaign in New Zealand
Concerns raised over political donations and directorships offered to former ministers and relatives
Chinese-owned New Zealand dairy farms said to possibly being used to test advanced missile technology…(More at source)
ONE ROAD TO RULE THEM ALL
ONE ROAD TO BUY THEM
ONE ROAD TO OWN THEM ALL
AND IN CHINA’S DEBT TRAP BIND THEM
(With apologies to Tolkein!)