[CHEC signed a contract with the Cambodian port project]On May 5, 2023, Kampot Logistics and Port Co., Ltd. and CHEC held a contract signing ceremony for the construction of a multi-functional port in Kampot Province at the Hyatt Hotel in Phnom Penh. It is understood that the multi-functional port project in Kampot Province is located in Bokor City, Kampot Province, covering an area of 600 hectares. It is invested by Kampot Logistics and Port Co., Ltd. with a total investment of about 1.5 billion US dollars. The type of contract is general contracting of design and construction, and the main contents of the project include reclamation of 40 hectares of land, revetments, breakwaters, dredging of navigable areas, reclamation and foundation treatment, and installation of navigational aids, etc. Edit/Ma Xue
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing