China Belt & Road Initiative Presents Global Insurance Opportunities
A contract of highway construction has been lately entered into between China Communications Construction Co., Ltd. and the government of Republic of Serbia with the investment of approximately $520 (USD) million. The Hungary section of Hungary-Serbia railway is estimated to start by the end of 2020. Another major project of China-Uzbekistan natural pipeline also has officially launched in the city of Bukhara. All these ongoing projects are deemed to bring about a greater need for insurance in the construction, property, and cargo sectors.
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