Waiting in the wings - China9 Mar 2023 16:54
For those not around at the time, China visited during late summer 2022, shortly
afterwards , President Horta threatened Australia, they would turn to China , if
they did not get Woodside to support their plans.
The China BRI has an annual budget in the many TRILLION's and operates in over
50 countries , mostly Asia/Africa but does also have projects in South America and
even Europe.
This an extract after that meeting in Dili
Wang said both sides signed the Memorandum of Understanding (MoU) on the Belt and Road
Initiative (BRI), and the "one network", "one expressway" and "one port" projects have been
undertaken by Chinese enterprises in Timor-Leste, which have greatly improved the infrastructure
and people's livelihood in the country.
The Chinese-built projects include the Timor-Leste State Grid, the Suai-Beaco Highway, the
country's first expressway, and the Tibar Bay Port.
China is ready to work with Timor-Leste to map out a BRI cooperation plan and determine
key areas, so as to inject new impetus into Timor-Leste's post-pandemic economic recovery
as well as its mid- and long-term development, he added.
That major road development Suai and Beaco a major piece of the infrastructure
Suai is the Oil and Gas offshore support Port and facilities and Beaco the location
of the planned Gas/LNG Export Refinery complex, connected to the planned HUB
from Sunrise. Tibar the new Deep Water port for larger shipping items/containers.