[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
In April 2026, the ruling party newspaper of Tanzania highly praised the historical significance of the China Africa Tanzania Zambia railway cooperation, stating that the $1.4 billion activation project would revitalize the vitality of the East African trade corridor.Editor/Gao Xue
Recently, Tajikistan and Uzbekistan have launched 12 cooperation projects simultaneously, with a total investment of over 1.6 billion US dollars, covering fields such as home appliances, textiles, food, and pharmaceuticals.Editor/Gao Xue