[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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• 2026.06.29 11:23
• [Bozhun high-precision angle milling head project starts construction]
• On June 26, 2026, the key project of Bozhun Precision Technology in Lishui District, with an annual output of 5000 sets of high-precision angle milling head intelligent manufacturing project, started construction in Yongyang Street. The project focuses on the production of core components for machine tools, covering high-end fields such as aerospace, new energy, and semiconductors. After production, the annual output value is expected to be 110 million yuan, which will fill the gaps in key components of local CNC machine tools and improve the layout of the regional intelligent manufacturing equipment industry chain. Editor/Cheng Liting

• 2026.06.29 11:19
• [Nanjing Ningchuang Intelligent Smart Factory starts construction in Lishui]
• On June 28, 2026, Nanjing Ningchuang Intelligent's high-end equipment manufacturing smart factory project with a total investment of 1 billion yuan started construction in Lishui Development Zone, which is a major project in Nanjing in 2026. The project covers an area of 69 acres and will introduce more than 100 sets of advanced intelligent production equipment. After completion in April 2027, it can achieve a large-scale production capacity of 20000 unmanned cleaning robots, 30000 industrial cleaning equipment and supporting precision components per year. Editor/Cheng Liting