The Belt and Road Initiative (BRI) is the first large-scale globalization project launched in China and is generating infrastructure and logistics hubs to support Chinese State-Owned Enterprises (SOEs) in cities along its lines. These...
moreThe Belt and Road Initiative (BRI) is the first large-scale globalization project launched in China and is generating infrastructure and logistics hubs to support Chinese State-Owned Enterprises (SOEs) in cities along its lines. These spaces are in fact free trade zones (Free Trade Zones, FTZ) for companies active in global trade. Following intergovernmental agreements, some SOE giants such as China Merchant Group, COSCO, China Communication Construction Company and China National Machinery Industry Corporation are investing overseas in the development of free trade zones identified within the BRI with economic agreements that stipulate that percentages between 60 and 90% of the shares belong to the investors of the SOEs, while the remaining shares belong to the local government authorities.
The development of Chinese FTZs in the world today is proceeding in a differentiated way, although all have passed the initial phase corresponding to the creation of Business centers equipped with fully infrastructured hospitality and office spaces . The subsequent phases usually involve the establishment of companies active in the most diverse sectors, which generates the revenue for the investors of the SOEs who had financed the start-up of the FTZ with funds ranging between 150 and 400 million dollars.
On an organizational level, all FTZs are set up around a multifunctional main building called the Business Center or, sometimes, the Office Complex, and includes spaces for catering, conference rooms, offices and rooms for night hospitality. The FTZ settlement models also develop from the experience of State-Owned Enterprise as China Merchant which, for example, is working on the growth of Shenzhen Shekou.
The Belt and Road Initiative is considered a political project with implications and implications still unknown on the contexts that host them.
On a formal level, the designers of the new architectures try to use local and inclusive vocabularies as much as possible , indicative of a particularly “soft” approach on the part of China. The eclectic "local pastiche" reinterpreted in a modern key of the new Business centres recurs for example in indigenous architectural elements such as domes, arches, courtyards, clock towers, pitched roofs proposed in an anomalous way to escape the label of "neo-colonialism" and also to calm any local discontent.