[Beijing Construction has signed up with the Gibraltar government]Sir Joe Bossano, Minister of Economic Development of the Government of Gibraltar, recently visited Beijing Construction Engineering Group, where he had discussions with Chang Yongchun, General Manager of Beijing Construction Engineering Group, discussing new prospects for in-depth cooperation between the two sides and discussing new opportunities for the development of the Belt and Road. The two sides signed a memorandum of cooperation on the spot to further upgrade their strategic cooperation. According to the memorandum, Beijing Construction Engineering will continue to be deeply involved in the construction of 9 projects, including the Gibraltar Cruise Passenger Transport Center, the renovation of the old housing Department, and the Jewish Apartment Phase II, with a total contract value of 100 million pounds. Editor/Xue Ma
On July 30, 2026, the European Commission announced the start of bidding for the construction of up to seven AI super factories in various parts of Europe. This initiative is led by the industry and has received up to 10 billion euros in funding support from the European Union and member states, and is expected to drive at least 20 billion euros in private investment across the entire EU. The European Commission stated that it has signed letters of intent with AMD, Nvidia, and Qualcomm to ensure that the AI Gigafactory consortium can smoothly acquire the necessary hardware equipment. Editor/Gong Ziwei
In July 2026, Swiss marine engineering giant Allseas won the installation contract for the underwater section of the Canadian PRGT natural gas pipeline, which will lay approximately 50 kilometers of pipelines connecting onshore systems with Ksi Lisims floating LNG facilities. The offshore operation plan is scheduled to start in 2029.Editor/Gao Xue