The US$3.18 billion investment will be used for infrastructure construction in the Guangdong province including the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

The ultimate goal of the project is to turn the GBA into a highly competitive world region by the year 2030, making it a high-quality area for living, working and traveling.

Chinese authorities have made clear that the inclusion of PSC in the Belt and Road Initiative is possible. These countries have a lot to gain from China.