[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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• 2026.05.11 11:38
• [G107 Leiyang Ring Road Dengjia Elevated Bridge First Pile Pouring Completed]
• Recently, the first pile foundation of the approach bridge of the G107 Leiyang Ring Road crossing the Beijing Guangzhou Railway was successfully poured, and the project officially entered physical construction. The total length of the approach bridge is 471.4 meters, with 68 pile foundations and 113 box girders. The foundation of the bridge site is composed of soluble limestone, with developed karst caves and dissolution fractures, making pile foundation treatment extremely difficult. The project department ensures the quality of the first pile through measures such as drawing review, equipment debugging, and on-site monitoring throughout the process. In the next stage, we will summarize our experience, strictly control progress and safety, and assist in the early completion of the ring road.Editor/Cheng Liting

• 2026.05.11 11:38
• [Xishan Industrial Park Mohan Park starts construction]
• On May 8, 2026, the Mohan Industrial Park in Xishan Industrial Park, constructed by China Railway Assembly, officially started construction. The project is located in the Mohan Moding Economic Cooperation Zone, with a total construction area of nearly 30000 square meters. It will be built in two phases, with the first phase consisting of offices, factories, and supporting facilities, and the second phase expanding production capacity. After completion, it will fill the gap in the industrial carrying capacity of Mohan Port, strengthen the linkage between Kunming and Mohan, and provide hard support for cross-border industrial agglomeration and high-quality development of enclave economy. Editor/Cheng Liting