Dr Dushni Weerakoon Calls for Transparency in BRI Investments for Sustainable Development

28 October 2023

Dr Dushni Weerakoon, Executive Director, IPS observed that while Belt and Road Initiative (BRI) investments in infrastructure development delivered positive public good benefits, strengthening rules and protocols on transparency and accountability governing mega infrastructure projects need to be addressed. Publicly disclosing the terms and conditions of project loans, project appraisal and selection, including evidence on economic feasibility assessments and environmental protection, etc. will ensure greater local community support for the BRI in the long term. She made these remarks while presenting on ‘BRI and Soft Connectivity: Lessons from Sri Lanka’ at the ‘International Conference on High-quality Belt and Road Cooperation: Achievements and Prospects’ organised by the National Institute of International Strategy (NIIS) of the China Academy of Social Sciences (CASS), held in Beijing, 28 October 2023.