[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
The newly built Chongqing Wanzhou high-speed railway conducted the highest level of speed increase test, and the comprehensive inspection showed that the train successfully ran at a speed of 385 kilometers per hour, achieving the goal of the joint debugging and testing stage. The total length of the route is about 254 kilometers, which will facilitate travel along the route and contribute to the construction of the Chengdu Chongqing economic circle. Editor/Min Jing
The Baihetan Jiangsu ± 800 kV HVDC project has delivered over 100 billion kilowatt hours of clean hydropower to Jiangsu, with outstanding emission reduction benefits. This passage from Liangshan in the west to Suzhou relies on an intelligent inspection system to ensure stable operation, continuously delivering green energy to the Yangtze River Delta and supporting high-quality regional development. Editor/Min Jing