[Guizhou Tire's over 2 billion Moroccan production base project has received full approval]Guizhou Tire recently announced that its intelligent manufacturing project for producing 6 million semi steel radial tires annually in Morocco has been unanimously approved by the board of directors. The total investment of this project is about 299 million US dollars, and it will be located in Tangier Science and Technology City, Morocco. The construction period is expected to be two years.
This is the official layout of Guizhou Tire's second overseas production base after its Vietnam base, aiming to leverage Morocco's hub location and advantages in free trade agreements, be close to non core markets in Europe and America, and enhance supply chain resilience and delivery capabilities. The project is expected to generate an average annual sales revenue of 183 million US dollars. The company also revealed that its third overseas factory has entered the early planning stage in Egypt.Editor/Gao Xue
Everbright Environment has successfully won the EPC dual project for waste incineration in Fergana and Namangan regions of Uzbekistan, with a total investment of approximately 2 billion yuan, marking a zero breakthrough in its Central Asian market. Both projects process 1500 tons of waste per day, equipped with mechanical grate furnaces and 45MW generator sets, with an annual waste processing capacity of over 1.09 million tons and a power supply of 455 million kilowatt hours. The project will solve the problem of local landfill pollution, help optimize the energy structure, and is a practical example of green cooperation in the joint construction of the "the Belt and Road".Editor/Bian Wenjun
The development of green power in Central Asia has reached a milestone! The Artemisya integrated wind, solar and energy storage cluster in Bukhara, Uzbekistan has officially started construction. This is the first comprehensive energy project in Central Asia that integrates wind, solar and energy storage. The project includes 300MW wind power, 126MW photovoltaic power, and 100MW/200MWh energy storage system, adopting an innovative layered PPA contract structure. After completion, it will help the country achieve its goal of installing 12GW of renewable energy by 2030, strengthen the stability of the power grid, and set a replicable benchmark for energy transformation in Central Asia.Editor/Bian Wenjun