[The second phase of the Lesotho Highlands Water Conservancy Project started]Recently, the groundbreaking ceremony of the second phase of the Lesotho Highlands Water Conservancy Project undertaken by China was held. Lesotho King Letsie III, South African President Cyril Ramaphosa, Lesotho Prime Minister Matt Kane, and Chinese Ambassador to Lesotho Lei Kezhong attended the ceremony. King Letsie III said that after the completion of the second phase of the Gaoshui Project, it will further enhance Lesotho's water delivery capacity to South Africa, help Lesotho fully utilize its resource endowment, and benefit the people of Basotho. President Ramaphosa pointed out that this project is South Africa's largest investment project in Lesotho, which will benefit the people of the two countries and promote resource sharing and economic development between the two countries. 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