[In 2022, China's foreign contracted projects will turnover of 1 trillion yuan]Recently, the State Council Information Office held a press conference. At the meeting, Vice Minister of Commerce Guo Tingting introduced that in 2022, foreign non-financial direct investment will be 785.94 billion yuan, an increase of 7.2%. Among them, investment in countries along the Belt and Road increased by 7.7%, accounting for 17.9%. Foreign contracted projects developed steadily, with a turnover of 1.0 trillion yuan, an increase of 4.3%, and 59 new projects with a contract value of more than 50 million US dollars compared with 2021. Editor/Xu Shengpeng
The bidding for the design and construction (EPC) general contracting project of the second communication hub building and new DC1 civil engineering project in Lhasa, Xizang was completed. Zhongxun Post and Telecommunications Design Institute and China Railway 16th Bureau Joint Venture have become the first candidate for winning the bid with 77.6 million yuan. The project is located in Liuwu New District, with a total construction area of approximately 11400 square meters. It is planned to build a communication hub building and a power center, which can install 526 racks. The project aims to enhance Lhasa's communication security capabilities and data processing level, and improve the local digital infrastructure.Editor/Gao Xue
Hainan Province has released its 2026 major project investment plan, which includes 470 major projects with a total investment of 717.5 billion yuan. This year's planned investment is 128 billion yuan, covering areas such as infrastructure and industrial development. The newly started projects include key projects such as the Zhanjiang Haikou Railway and the Danzhou Yangpu Railway. This plan aims to serve the construction of Hainan Free Trade Port and consolidate the foundation for development.Editor/Gao Xue