[Freyr plans to build €1.6 billion gigafactory near the Arctic Circle]Norwegian battery maker Freyr plans to build a €1.6 billion Arctic Gigafactory with the help of €400 million in guarantees and loans from Norway's export credit agency Eksfin. Freyr expects the plant to be one of the largest and most efficient in Europe, with 50% lower capital expenditure per GWh of capacity and more than 200% higher output per employee than conventional lithium-ion plants. Editor/Xing Wentao
In April 2026, the ruling party newspaper of Tanzania highly praised the historical significance of the China Africa Tanzania Zambia railway cooperation, stating that the $1.4 billion activation project would revitalize the vitality of the East African trade corridor.Editor/Gao Xue
Recently, Tajikistan and Uzbekistan have launched 12 cooperation projects simultaneously, with a total investment of over 1.6 billion US dollars, covering fields such as home appliances, textiles, food, and pharmaceuticals.Editor/Gao Xue