[IMF to support Zanzibar's blue economy]The Zanzibar Ministry of Blue Economy stated that the Zanzibar government will continue to vigorously develop the blue economy, and the International Monetary Fund has approved US$567 million for Tanzania through the Post-COVID-19 Recovery Fund, of which about US$100 million will flow to Zanzibar , including about $16 million to be spent on blue economy sectors such as small-scale fisheries, sea cucumber and seaweed farming, and mud crab fattening. At the same time, relevant departments of Zanzibar will carry out in-depth research on the blue economy value chain, protect biodiversity to support Zanzibar's development of the blue economy. Editor/Xing Wentao
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