[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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• 2026.06.16 18:38
• [Completion of the construction section by Chinese enterprises！]
• Recently,in Taolanaru, Madagascar, the first section of the first phase of National Highway 12, which was constructed by China Railway 18th Bureau, was officially completed. Officials such as the interim head of state and prime minister of Malaysia attended the completion ceremony. The total length of this section is about 45 kilometers, with 5 supporting bridges built, and it is the core transportation artery in southeastern Malaysia. The implementation of the project greatly improves local travel conditions, reduces logistics costs, and supports the development of industries such as fishing, mining, and tourism along the route. At the same time, the second phase of the project has also been officially launched.Editor/Li Xiaohua

• 2026.06.16 18:28
• [Qingdao signs contract for Namibia Energy Port project]
• On June 16, 2026, China Chemical Engineering 14th Construction Co., Ltd. and Hong Kong HSBC Source International Co., Ltd. signed an EPC general contract for the Namibia Energy Hub Port project in Qingdao. The relevant enterprise leaders attended and witnessed the signing. This key livelihood project in Namibia will be built into an integrated large-scale energy hub base, which can effectively alleviate the local energy shortage and help regional development. Relying on the opportunity of the Namibian President's visit to China, this signing is the result of China Namibia the Belt and Road practical cooperation, and also opens a new journey for the 14th China National Chemical Construction Co., Ltd. to deeply cultivate the African market.Editor/Li Xiaohua