[Shandong Expressway signed a cooperation agreement with Evonik Industry]On November 6, 2022, Shandong Expressway Group and Evonik Industrial Group signed the "Strategic Cooperation Agreement on Low Carbon Sustainable Construction of Roads and Bridges" at the Yellow River Basin International Trade Facilitation Cooperation Forum of the Fifth International Expo. This signing is of great significance to further promote the innovation, transformation and upgrading of road and bridge construction and maintenance, as well as the green and sustainable development of the transportation industry. Editor/Zhao E
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing