[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 June 30, 2026, the press conference of the State Council Information Office revealed that the Pinglu Canal has been basically completed and the entire line is open to water. The commissioning of ship locks is being promoted, and landmark water transport projects such as the Three Gorges Water Transport New Channel are accelerating.Editor/Gao Xue
On June 30, 2026, NALCO in India disclosed a 21.5 billion yuan expansion of a 500000 ton electrolytic aluminum project and plans to invite Chinese enterprises such as Guiyang Institute and China Aluminum to participate in technical cooperation.Editor/Gao Xue