[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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• 2026.07.16 14:55
• [Petrochemical Machinery Hydrogen Energy Innovation Park starts construction]
• On July 15, 2026, the Shuzhi Hydrogen Energy Machinery Innovation Park started construction in Dongxihu District, Wuhan, with an expansion of 120 acres. The total investment has not been disclosed, and the plan is to form an annual production capacity of 100 sets of hydrogen compressor sleds, 1GW PEM electrolysis cells, and 1.75GW ALK electrolysis cells for assembly and testing. The previous 55 acres of the park have been put into use as a data intelligence service center and a hydrogen production and refueling equipment quality inspection center. The new park covers the entire chain of research and development, intelligent manufacturing, and testing, deeply integrating AI and digital twin technologies. This move marks the official launch of the construction of China Petrochemical's hydrogen energy equipment industry cluster. Editor/Cheng Liting

• 2026.07.16 14:54
• [Fule De Wuhan Base starts construction]
• On July 9, 2026, Fulide Precision Cleaning and Recycling Service Base started construction in Optics Valley, with a total investment of 203 million yuan and an area of 21 acres. From signing the contract in April to starting construction in July, it took less than 3 months, and the plan is to complete and put into operation within 12 months. After reaching production capacity, we can provide 30000 pieces of semiconductor cleaning services per month, covering supporting needs such as ceramic melting regeneration and equipment maintenance. Previously, core components such as the Optics Valley etching machine needed to be sent to other places for cleaning, resulting in long turnover cycles and high logistics costs. After the project is put into operation, this gap will be filled, and the Huazhong Pan Semiconductor industry chain will be more complete and efficient. Editor/Cheng Liting