[TRSDC signs first $400 million joint venture with Al Mutlaq Group] Red Sea Development Corporation signed a joint venture agreement worth 1.5 billion riyals with Almutlaq Real Estate Investment Co., a subsidiary of AlMutlaq Group. Under the agreement, the two companies will develop Jumeirah Red Sea Resort, a 159-room luxury resort on Shura, the hub island of the Red Sea destination, which is currently under construction and is expected to open in early 2024. Editor/Xing Wentao

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• 2026.05.19 18:10
• [2600 kilometers of sand crossing roads will be constructed in Inner Mongolia]
• In 2026, Inner Mongolia plans to construct 2600 kilometers of sand crossing roads. As of the end of April, 41 projects have started construction and completed 710 kilometers, accounting for approximately 27% of the annual task. From Maowusu to Keerqin, a comprehensive battle to control desertification by road is unfolding. Editor/Cheng Liting

• 2026.05.19 18:07
• [The first dredging railway in the Six Scenic Area of Nanning Port has started construction]
• Recently, the first phase of the railway dedicated line project in the Six Scenic Area of Nanning Port officially broke ground. This line is the first dredging railway in the Six Scenic Area of Nanning Port. The total investment of the first phase of the railway dedicated line project in the Six Scenic Area of Nanning Port is 152 million yuan, with a designed annual loading and unloading capacity of 3.2 million tons. The line is connected to the Six Scenic Station of the Hunan Guangxi Railway, with a total length of 0.766 kilometers. It is constructed according to the single line diesel standard, with a designed speed of 40 kilometers per hour, and is expected to be completed in August 2027. Editor/Cheng Liting