[CPECC won the bid for Project Swing EPCM project] CPECC Gulf Region Company has received a letter of award for the Project Swing project from Abu Dhabi State Oil Company's onshore company. This is the first EPCM project won by the Beijing branch in collaboration with Gulf Region Company in the Gulf market. The contract model includes design, procurement services, and construction management, with a contract duration of 39 months (PAC), of which 15 months are required to achieve 95% design progress. The Project Swing project is one of the first EPCM projects initiated by ADNOC Online and is an important project in the Abu Dhabi National Oil Company's P5 (5 million barrels per day) production increase plan. By renovating some facilities in Babu, Northeast Babu, and Southeast Oil Fields, the goal of increasing processing capacity by 20% has been achieved, while also increasing supporting facilities for water and gas injection. Editor/Ma Xue

Click to see more live >>

• 2026.05.09 11:56
• [Construction of 200000 ton integrated casting and forging project breaks ground]
• On May 6, 2026, the 200000 ton high-quality alloy steel casting and forging integrated project jointly built by Yongyang Special Steel and Changxiang Special Steel started construction in Yongnian, Handan. The total investment is 5 billion yuan, covering the entire production line of mold casting, special smelting, forging, etc. The products are directly supplied to the aerospace, military and nuclear power fields. It is expected that the output value will be 50 billion yuan, the profit and tax will be 800 million yuan, and 2000 new jobs will be created within 5 years, adding another heavyweight chip to the high-end new material industry in Handan. Editor/Cheng Liting

• 2026.05.09 11:56
• [Xinjiang Lihua Cotton Spinning Chain settles in Kazakhstan]
• On May 5, 2026, President Tokayev met with Zhang Qihai, Chairman of Xinjiang Lihua Group, to focus on the cotton textile industry chain project. Plan 52000 hectares of cotton fields, 196 drip irrigation pump stations, 500 kilometers of pipeline network, and 10 factories, with a first phase investment of 360 million US dollars, creating over 4000 jobs. Tokayev awarded Zhang Qihai the second-class "Friendship" medal of Kazakhstan on the spot, and two processing plants have been put into operation in Turkestan Oblast. Editor/Cheng Liting