[CEEC signs energy cooperation agreement with ACWA Power]On May 10, 2023, Sun Honghong, Deputy Secretary of the Party Committee and General Manager of CEEC, held talks with Raad Sander, Vice Chairman and Managing Director of ACWA Power, at the company headquarters. The two sides conducted candid exchanges on continuing to strengthen cooperation in the global clean energy field and signed a strategic cooperation agreement. The two parties innovated the cooperation model, promoted the smooth performance of the project from the source, and took the signing of the strategic cooperation agreement as an opportunity to further enhance mutual trust, mutual benefit and win-win, carry on the past and open up the future, and strengthen cooperation in the Middle East, Central Asia, Africa and China's domestic markets, in order to practice The Green Middle East, the Green Saudi Initiative and the Belt and Road Initiative have contributed more. 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