[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
Sarat Ratanavadi, founder and CEO of Thai Gulf Energy, has confirmed the restart of the LNG terminal project supporting the Vietnam Nanning Shun 6 GW gas power station. The company plans to invest a total of 140 billion Thai baht by 2030, of which 14 billion Thai baht will be invested in cloud computing and AI infrastructure. Editor/Min Jing
CECEP Chairman Liao Jiasheng went to Xining to attend the conference on promoting high-quality development in Qinghai Province with the support of state-owned enterprises. He signed a 1.482 billion yuan agreement with the Qinghai Provincial Government for the Delinghayuan Net Energy Storage Project, witnessed the signing of contracts by subordinate enterprises, and conducted research on cooperation related to the Haidong Zero Carbon Park. Editor/Min Jing