[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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  • 2026.09.29 16:05
  • [The world's largest pile driving ship sets sail for overseas use]
  • The world's largest pile driver ship independently developed by China has been shipped from Jiangsu to Brazil to participate in the construction of the El Salvador Cross Sea Bridge, marking the official commissioning of the ship. China's high-end offshore equipment has made new breakthroughs in major infrastructure construction overseas. Editor/Cheng Liting
  • 2026.09.29 16:05
  • [Hutuo River Water Supply Project connects 82 kilometers of Taiyuan water transmission line]
  • The Hutuo River Water Supply Project, an important component of the second horizontal part of Shanxi's modern water network, has officially supplied water to Taiyuan City. The project consists of two parts: the Qingshui River Water Source Project and the Water Supply Project. The total length of the water supply line is about 82 kilometers, spanning Wutai County, Dingxiang County, Xinfu District of Xinzhou City and Yangqu County of Taiyuan City. The annual water diversion capacity can reach 30 million cubic meters. Editor/Cheng Liting
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