[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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• 2026.09.20 09:06
• [Yueyang Sanhe Airport's aviation port enters normal operation]
• Since September, the aviation port of Hunan Yueyang Sanhe Airport has officially started normal operation, simultaneously opening three international all cargo routes to Hanoi, Dhaka, and Bangkok, covering core markets in Southeast Asia and South Asia. In the past two weeks of operation, Yueyang Customs has supervised a total of 48 inbound and outbound aircraft, achieving an import and export value of 150 million yuan. Editor/Cheng Liting

• 2026.09.20 09:06
• [Yingpu AI computing power core component project starts construction in Yixing]
• On September 18, 2026, the intelligent manufacturing project of the core components of the Yingpu Machinery Artificial Intelligence Data Center generator set started in Yixing Environmental Science Park, Wuxi. The total investment of the project is 1.02 billion yuan, and 38000 square meters of factory buildings will be newly built and renovated. After reaching production capacity, 3000 sets of AI data center high-power engine precision machining cylinder bodies and 30000 sets of supporting parts production capacity will be added, helping to supplement key links in the local computing power supporting industry chain. Editor/Cheng Liting