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Not at all, if it were investors who want a return on the profits. However, many (all?) projects are financed with (expensive) debt, so poor countries end up w
by MikeDelta 4y ago
Not at all, if it were investors who want a return on the profits. However, many (all?) projects are financed with (expensive) debt, so poor countries end up with debts they cannot repay and 'vanity' projects they could do without. Some analysts worry that countries end up in a debt trap.
I would love it if this is turns out a healthy project for the benefit of all, but I remain skeptical.