These days, almost everyone labels every project a 'Belt and Road Initiative (BRI) project' - even a hotel construction in Paris can tagged as BRI. Amusement aside, whether a project is classified BRI or not, the fact remains that all large infrastructure projects face the same core risks, said Marsh senior vice president and head of China client services Dr Shen Yiming. These core risks comprise costing, external financing, physical and safety during the course of construction, environmental and geopolitical.