[11 projects were signed intensively in Fangchenggang City, Guangxi] Recently, Fangchenggang City, Guangxi held a signing ceremony for the two-year action project of the year of breakthrough in investment promotion and the year of project construction. It is reported that 11 projects have been signed this time, with an investment of 24.327 billion yuan, realizing a good start in attracting investment in Fangchenggang City in 2023. According to reports, the investors who signed the contract came from Beijing, Shanghai, Guangdong, Zhejiang, Hainan and Hong Kong, covering new energy development, steel and copper products, non-ferrous metals, advanced manufacturing, green new materials, refractory materials, optoelectronics industry, modern Comprehensive fishery development, warehousing and logistics, and many other fields have the characteristics of high technological content, wide industrial coverage, and strong radiation and driving capabilities. In terms of new energy industry, China Coal Power Co., Ltd., a wholly-owned subsidiary of China Coal Energy Group, one of the top 500 companies in China, will invest 10 billion yuan in the construction of the third-phase expansion project of China Coal Fangchenggang Power Plant; Energy Investment Co., Ltd. will invest 430 million yuan in the construction of shared energy storage power station projects. In terms of green new materials, Fangchenggang has introduced the Hualong environmental protection refractory project; in terms of non-ferrous metals, it has introduced a new modern manganese-rich slag project; in the field of modern fishery comprehensive development, a total of 3 projects have been signed with a total investment of 4.9 billion yuan, of which the tuna industry center The project will build the only tuna bay in China in Pearl Bay, Fangchenggang City, and the Eurasian Ocean Fishery Comprehensive Industrial Park project will fill the gap in Fangchenggang Ocean Fishing Operations. Editor/He Yuting

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• 2026.03.18 17:16
• [Spain advances research on the Strait of Gibraltar tunnel]
• The Spanish Ministry of Transport and Sustainable Transport has approved 1.73 million euros for conducting technical research on the Secegsa railway tunnel crossing the Strait of Gibraltar to Morocco. Previous research by German company Herrenknecht has confirmed that a 65 kilometer long tunnel is technically feasible, but due to significant geological challenges such as flying sand structures, seabed depth, and instability, the possibility of completion before the 2030 World Cup has been ruled out. The actual construction period is expected to be between 2035 and 2040.Editor/Cheng Liting

• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting