[The National Standing Committee supports the construction of major projects]The executive meeting of the State Council proposed to increase the credit line of policy banks by 800 billion yuan for financial support for infrastructure construction, and to establish a docking mechanism for the list of key projects. Editor / Xu Shengpeng
Dubai officially announces the construction of the Al Ha'il Highway, a 15 kilometer elevated two-way six lane road project that will start in 2027 and be completed by 2030, significantly improving traffic efficiency. The project is included in the $5 billion urban development plan, aimed at improving transportation in the area and consolidating Dubai's position as a hub for Middle East trade and commerce. Editor/Min Jing
The total investment of Baiwu pumped storage in Liangshan Salt Source, Sichuan is 15.661 billion yuan, with an installed capacity of 1.4 million kilowatts and leading design technology for ultra-high head. China Electric Power Construction Chengdu Institute won the survey and design bid with a price of 322 million yuan, with a service period until the end of 2033. The project will help Sichuan power grid peak shaving and new energy consumption. Editor/Min Jing