[UAE's Investopia signs partnership with UAE Development Bank] Investopia, an investment platform launched by the UAE government, has announced the signing of a memorandum of understanding with the UAE Development Bank, leading to a new partnership. Through this partnership, the two entities will leverage their respective core capabilities to drive economic growth, diversification and industrial transformation in new economies as a leading financial institution and a global thought leadership and investment platform connecting opportunity and capital. Editor/Xing Wentao
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  • 2023.03.21 14:46
  • [The first China-Europe train departs from Anyang, Henan Province]
  • On March 19, 2023, the first China-Europe train (Zhongyu · Anyang), loaded with 110 excavators, departed for Moscow, the Russian capital, with a total journey of more than 9000 kilometers, and is expected to arrive in about 15 days. The source of goods for this train is the transportation business undertaken by Wanzhuang, Henan Province, for the coking project between China Steel Equipment and Magntogorsk Iron and Steel Co., Ltd. of Russia. In the future, refractory bricks, steel structures, construction equipment, and other goods will also be shipped. These goods will be used to build a top mounted coking furnace group and supporting facilities with an annual output of 2.5 million tons of coke. Upon completion, it will be the first large-scale coking furnace of over 7m in China that will go abroad. Editor/Ma Xue
  • 2023.03.21 14:44
  • [Angola Luanda Science Park Project Commences]
  • Recently, the foundation stone laying ceremony for the Luanda Science and Technology Park project in Angola contracted by Pan China Group was solemnly held. The Science and Technology Park Project (STDP) is an important base for the Science and Technology Development Plan (PDCT) of the Ministry of Higher Education, Science, Technology and Innovation of Angola. It was started on January 31, 2023, with a construction period of 30 months, covering an area of approximately 62800 square meters, and a project budget of 35 million US dollars. The main construction content includes building 9 new buildings, maintaining 11 buildings, demolishing 5 ground buildings, as well as outdoor road construction and repair, landscape greening, installation engineering, and installation of facilities and equipment. The budget is US $100 million, 90% funded by ADB, and 10% supported by the Angolan government. Editor/Ma Xue