[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

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• 2026.11.11 11:19
• [China Development Bank signs Kazakhstan China pipeline financing agreement]
• Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua

• 2026.11.11 11:12
• [Assembly of the first tower of Zhejiang ultra-high voltage ring network]
• On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua