[Xuzhou City Rail Transit Combined Operation PPP Project Bidding]On June 30, 2022, Xuzhou Metro issued an announcement on the prequalification of the PPP project for the combined operation of urban rail transit in Xuzhou. Approved by the Xuzhou Municipal People's Government, the PPP project of Xuzhou urban rail transit combined operation shall be invested, operated and maintained by means of cooperation between the government and social capital. The project authorized the main body of the Xuzhou Municipal People's Government, the total investment of the project is about 14.3 billion yuan. Editor / Zhao E
Recently, the world's first S+C+L three band ultra-low loss multi-core optical cable line was completed and opened in Qingdao, Shandong. This optical cable innovation adopts a four core fiber structure to achieve three band parallel transmission, with a single core bandwidth increase of nearly 50%. The capacity of a single fiber is more than 5 times that of traditional fibers, which can fully meet the future needs of AI intelligent computing and terabit level ultra high speed transmission.Editor/Gong Ziwei
JSW Steel, India's largest steel company, has started construction of a 650 billion rupee integrated steel plant in Paradip, Odisha, with a designed annual production capacity of 13.2 million tons. The earliest production date is 2028. This project is one of the largest industrial investments in the state, in line with the mission strategy in eastern India. It was once the site chosen by POSCO due to local opposition in 2000. JSW plans to increase its total production capacity from 31.9 million tons to 48.8 million tons by 2030, and capital expenditures will increase by nearly 50% year-on-year in the next fiscal year. Editor/Cheng Liting