[Three high-speed rail projects have begun in Shaanxi province]On Nov 30, 2022, Shaanxi Provincial Department of Transport held a press conference to announce the start of construction of Xi 'an East Railway Station, Xitong-copper section of Xiyan-Yanchang high-speed Railway and Shaanxi section of Kangyu-Chongqing high-speed Railway. With a total investment of 54.58 billion yuan, the length of high-speed railway under construction in Shaanxi will exceed 700 kilometers, with a total investment scale of about 150 billion yuan. Editor/He Yuting
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