[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
The Frasinsk cascade hydropower station in Serbia, which has been in service for 71 years, has started modernization and upgrading. Andritz is responsible for updating the unit equipment, and the total installed capacity will increase to 138MW after the renovation. The project adopts phased construction to achieve uninterrupted renovation and ensure stable regional power supply. This project has received loan support from the European Bank for Reconstruction and Development and is a key project of Serbia's energy transformation and hydropower renovation plan, aimed at improving efficiency, safety, and renewable energy generation capacity.Editor/Gong Ziwei
On April 2nd local time, a spokesperson for Iran's Hatam Abia Central Command stated that the United States and Israel do not have complete control over Iran's military strength, and the war will continue until the enemy surrenders, warning that more destructive strikes will be launched. On April 1st, Trump claimed a quick and decisive victory in the Iran conflict, stating that Iran's combat capabilities had been greatly weakened.Editor/Gong Ziwei