[Saudi Arabia expands its mineral exploration with 377 mining complexes]Saudi Arabia's mining industry is experiencing unprecedented growth as the government is boosting the sector by increasing investment and upgrading laws to attract more private companies. According to the latest government data, the number of mining complexes in the Kingdom rose to 377 by the end of 2022, with an estimated area of 44,365 square kilometers. Editor/Xing Wentao
The European Union has announced its 2040 high-speed rail development plan, with a total investment of 550 billion euros, aiming to build a high-speed rail network across Europe and reduce travel time between major capitals by half. The funding will adopt the "EU Fund+Member State Supporting+Private Capital" model, and a high-speed railway agreement will be introduced before 2026 to leverage private capital. The entire network will unify the signal system, with a focus on filling the gaps in Eastern and Southern Europe. This website has the triple intention of green transformation, economic cohesion, and geopolitical strategy, but financing, land acquisition, and approval are still tough battles, and whether they can be realized depends on the finances and progress of each country.Editor/Cheng Liting
Recently, the waterway improvement project from Chaotianmen to Fuling in the upper reaches of the Yangtze River successfully passed the completion acceptance of the Ministry of Transport and was officially put into operation. After the rectification, the 4.5-meter deep waterway in the Three Gorges Reservoir area has been extended to the central urban area of Chongqing, and 5000 ton cargo ships can directly reach the main city of Chongqing all year round. The navigation capacity of the Yangtze River's golden waterway has been further improved, and the water transportation pattern in Chongqing has been substantially upgraded. Editor/Cheng Liting