[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
In the first two months of 2026, the export of construction machinery reached US $10.69 billion, a sharp increase of 33.4%. Latin America and Africa became new engines of growth, and the the Belt and Road contributed significantly. Growth momentum switching: Electric loaders surged 112.7%, with high value-added products leading the way. Enterprises upgrade from selling products to building ecosystems: Zoomlion Hungary factory is established, and Shantui Co., Ltd. is deeply cultivating regional differentiation. More importantly, the industry is shifting from exporting individual products to collaborating with the entire industry chain to go global. By building deep barriers through localized factories and supporting services, China's construction machinery is accelerating towards a new stage of global manufacturing. Editor/Cheng Liting
Recently, the Development and Reform Commission of Henan Province approved the feasibility study report of the modernization renovation project of Luhun Irrigation District in Henan Province, which benefits 7 counties (cities, districts) in Luoyang, Pingdingshan, and Zhengzhou. This place experiences nine droughts in ten years, making it difficult to irrigate with water. The total construction period of the renovation project is 36 months, which will upgrade the channels and water pipelines, build and renovate 24 new channels (pipes) and 214 buildings, improve the level of informatization, and improve the irrigation area after completion. Editor/Cheng Liting