[Lucid Motors to build first overseas production plant in Saudi Arabia] Lucid Motors said it will build a production plant in Saudi Arabia with an annual capacity of 155,000 zero-emission electric vehicles. The deals are estimated to give Lucid a total of up to $3.4 billion in funding and incentives over the next 15 years to build and operate manufacturing plants in the kingdom. AMP-2, which will be located in King Abdullah Economic City, is the first production facility outside the U.S. for a public investment fund-backed electric vehicle manufacturer, according to a statement. Editor/Xing Wentao

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• 2026.04.07 17:28
• [The first amino acid base in Central Asia has been built in Kazakhstan]
• China Fufeng Group Shengtai Biotechnology is constructing the largest amino acid production project in Central Asia in the Jiangbu'er Oblast of Kazakhstan, with a total investment of 1.5 billion US dollars, and settling in the Silk Road Economic Zone. The first phase of the project has been completed, achieving a breakthrough in the production technology of essential amino acids in Central Asia. After reaching production capacity, the annual processing of corn is 3 million tons, providing more than a thousand job opportunities, and the products are exported to many countries. This project relies on local corn resources to fill the technological gap of high value-added products, help upgrade the manufacturing industry in Kazakhstan, create a cross-border industrial chain, and become a landmark project for China Kazakhstan capacity cooperation.Editor/Gong Ziwei

• 2026.04.07 17:20
• [POWERCHINA INTL holds cooperation talks with Shengyu Group]
• Recently, Tang Yuhua, Chairman of POWERCHINA INTL, met with Singapore's Shengyu Group CEO Qiao Quansheng and his delegation to exchange ideas on global cooperation in the fields of energy, electricity, and infrastructure. Tang Yuhua introduced the company's international business and the "15th Five Year Plan", affirmed the other party's advantages, and hoped to deepen cooperation to achieve win-win results. Qiao Quansheng expressed the importance of strategic cooperation between the two sides, and is willing to leverage the advantages of planning, design, and project management to expand cooperation in energy, water, transportation, and other fields, and jointly promote global infrastructure construction.Editor/Gong Ziwei