[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
On October 17, 2026, Türkiye's first floating natural gas production unit, Osman Gazi FPU, set sail from the Port of Felios in the Black Sea to Sakarya gas field. After the platform is put into operation, the daily output of local natural gas will double from 9.5 million cubic meters to 20 million cubic meters. When commercial production is realized in early 2027, it can cover one third of the domestic gas consumption in the country, contributing about 3.5 billion dollars to Türkiye's economy every year. Editor/Cheng Liting
On October 19, 2026, the latest data from the National Bureau of Statistics showed that in September, the output of 271 out of 626 products in industries above designated size increased year-on-year. Among them, there were 1.87 million new energy vehicles, an increase of 16.9%. Editor/Cheng Liting