[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
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  • 2026.04.03 16:07
  • [The domestically produced largest diameter hard rock TBM is offline]
  • On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting
  • 2026.04.03 15:53
  • [China Kazakhstan's $125 million large order landed]
  • At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting
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