Firms seek windfall from B&R

Big multinationals like GE, Honeywell tweak businesses to gain orders

While China's Belt and Road Initiative has created huge growth opportunities for Chinese companies, many Western multinationals are also actively angling for a piece of the trade initiative, with international corporations like Honeywell and General Electric tweaking their businesses to win more orders.

US conglomerate General Electric recently decided to further extend its partnership with Power Construction Corp of China, which provides engineering and construction services focusing on renewables, by exploring new wind power opportunities in Pakistan and abroad.