[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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• 2026.07.30 16:40
• [Uzbekshtagan launches $1 billion toll loop]
• Tashkent, the capital of Uzbekistan, is promoting transportation upgrades, with a total investment of about 1 billion US dollars and a 100 kilometer double decker toll ring road entering the planning stage. A memorandum of cooperation has been signed with China Railway Construction Corporation and China Hunan Overseas, covering projects such as tunnels, overpasses, BRT corridors, and road renovations. In addition, China Construction plans to invest 500 million US dollars in the construction of supporting road networks. The relevant agreements are not yet final contracts, and multiple Chinese enterprises continue to expand their presence in the local infrastructure market.Editor/Gong Ziwei

• 2026.07.30 16:36
• [Multiple eVTOLs showcased at Shanghai exhibition]
• Recently, the 2026 International Low Altitude Economy Expo opened in Shanghai, showcasing 570 aircraft. The low altitude economy is accelerating into the commercialization stage, with multiple aircraft appearing, significantly reducing flight operating costs. Enterprises are collaborating on logistics operations and emergency rescue to expand real-life applications. The exhibition supporting seminar released relevant action proposals, and China actively participated in the construction of global standards for low altitude economy, exploring scalable industry development plans in China.Editor/Gong Ziwei