The overview translates assessment into action. First, screening and prioritization: establish a public pipeline with pre-feasibility summaries, cost-benefit metrics, and climate risk flags; drop low-value projects early. Second, financing strategy: blend concessional loans, PPPs, and guarantees to reduce sovereign risk and align incentives; publish terms for public trust. Third, safeguards and transparency: adopt common environmental and social frameworks, grievance mechanisms, and open data on implementation. Fourth, domestic capability: invest in standards bodies, testing labs, and vocational training that enable local firms to become certified suppliers. Fifth, geoeconomics: use connectivity to widen market access, not to concentrate dependence; maintain redundancy in critical nodes and ensure cyber-physical security for ports and energy systems. Finally, monitoring outcomes: track time and cost overruns, local content, and emission profiles; adjust policy based on performance. This balanced approach maximizes development gains while preserving policy space and strategic flexibility.
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Abstract
This monograph evaluates how the Belt and Road Initiative (BRI) intersects with Bangladesh’s development strategy and strategic autonomy. It inventories transport, energy, and industrial projects, then analyzes their economic viability, fiscal implications, and fit with national planning. Beyond finance and infrastructure, the study examines standards, technology transfer, and supply-chain integration, highlighting both opportunities—export diversification, logistics efficiency, industrial upgrading—and risks—debt sustainability, procurement opacity, and geostrategic exposure. It compares governance modalities across corridors and identifies practices that improve value for money: competitive tendering, robust environmental and social safeguards, and transparent project pipelines. The analysis situates Bangladesh within a multipolar regional order, arguing for diversification of partners, inter-operable standards, and a focus on bankable, climate-resilient assets. It closes by proposing a negotiation toolkit that emphasizes life-cycle costs, local content with quality, and measurable spillovers to jobs, exports, and technology absorption.
How to Cite
BIISS (2020). Implications of China's Belt and Road Initiative for Bangladesh : A Strategic Analysis. Bangladesh Institute of International and Strategic Studies (BIISS). https://doi.org/10.0000/monograph-49-khtt75