Posted on 25 July 2022
The European Union is studying a possible port for fishing, container vessels, and cruise liners on the Pacific atoll of Kiritimati as part of its “Global Gateway” investment plan. This is meant to rival China’s Belt and Road Initiative.
A European Commission spokesperson told Devex that the EU recently signed a financing agreement with the Republic of Kiribati — of which Kiritimati is a part — for a study on the possible construction of “a multi-purpose port.”