[Abu Dhabi government to invest $2.72 billion in six transformation programmes]The Abu Dhabi government will invest $2.72 billion in six transformational programs aimed at more than doubling the city's manufacturing sector to $46.83 billion by 2031. The government intends to provide more financing channels, improve the ease of doing business in the emirate, and target more foreign direct investment. The new Abu Dhabi Industrial Strategy, launched by Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, will consolidate the emirate Status as the most competitive industrial hub in the region. Editor/Xing Wentao
Recently, the Megchi Irrigation Dam in Ethiopia was completed and put into use, with a total storage capacity of 185 million cubic meters, ensuring irrigation of over 17000 hectares of farmland and benefiting tens of thousands of farmers.Editor/Gao Xue
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue