[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
In the first half of 2026, China Harbour won the expansion project of Section 1C of the Kuala Lumpur Karnak Expressway in Malaysia, with a contract amount of approximately 4.5 billion yuan. The project has a total length of 60 kilometers and is a key project of the local Second Corridor, connecting the capital area with the East Coast Economic Zone. The project will adopt Chinese standards and be accompanied by intelligent transportation and green construction plans. This winning bid consolidates the advantages of Chinese enterprises in Southeast Asia Road and Bridge, helps improve the quality of logistics in ASEAN, and lays the foundation for cross-border infrastructure project cooperation and China ASEAN industrial integration.Editor/Gong Ziwei
On June 30, 2026, the underground powerhouse and lower reservoir project of Hunan Muwangxi Taoyuan Pumped Storage Power Station began construction. This first-class large-scale energy project helps optimize Hunan's energy structure. In the early stage of the project, all supporting tunnels such as diversion tunnels and ventilation tunnels were completed, laying a solid foundation for the main construction.Editor/Min Jing