[Bid Opening for Development Projects in Changzhou City, Jiangsu Province] On June 2, 2023, the Jiangsu Provincial Tendering and Bidding Public Service Platform released a bid announcement for the comprehensive development project in Changgou District, West of Wujin District, Changzhou City. The project was won by Jiangsu Wujin Green Building Industry Investment Co., Ltd. with a total investment of approximately 10.3 billion yuan. The project is located on the west side of Changgou River in Wujin District, Changzhou City. It extends to Changgou River in the east, Yancheng Road in the west, Changhong Road Elevated Zhoujiaxiang Road in the south, and Juhu Road in the north, covering an area of approximately 2.5 square kilometers. Among them, the green landscape, river, fire station, maintenance station, initial and terminal bus stations and other infrastructure in the north of Renmin Road, as well as kindergartens, fixed sales housing plots and talent apartment plots are included in the scope of the project, while other business plots in the north of Renmin Road, Xiyuan laboratory school and road bridges are not included. The construction period of this project is tentatively 6 years, and the operation period is tentatively 24 years. Editor/Zhao E

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• 2026.03.18 17:16
• [Spain advances research on the Strait of Gibraltar tunnel]
• The Spanish Ministry of Transport and Sustainable Transport has approved 1.73 million euros for conducting technical research on the Secegsa railway tunnel crossing the Strait of Gibraltar to Morocco. Previous research by German company Herrenknecht has confirmed that a 65 kilometer long tunnel is technically feasible, but due to significant geological challenges such as flying sand structures, seabed depth, and instability, the possibility of completion before the 2030 World Cup has been ruled out. The actual construction period is expected to be between 2035 and 2040.Editor/Cheng Liting

• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting