[The China-Pakistan Economic Corridor will be extended to Afghanistan]Recently, the Chinese Foreign Minister and the Pakistani Foreign Minister met in Islamabad, the capital of Pakistan. During the conversation, China and Pakistan jointly issued a statement that the Belt and Road Initiative and the China-Pakistan Economic Corridor will be extended to Afghanistan. Prior to this, the Taliban in Afghanistan had already made such applications when they met with senior officials from both China and Pakistan. According to previous assessments, once the Belt and Road Initiative and the China-Pakistan Economic Corridor are settled in Afghanistan, billions of dollars in infrastructure funds will be brought in, especially the construction and improvement of Afghanistan’s railway network and highway system, which will be greatly relieved. At the same time, once the infrastructure project is confirmed, it is very likely that Chinese companies will undertake the construction, which can increase many jobs for local Afghans. Editor / Zhao E
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