[China and Kenya sign $250 million Galanakulu irrigation contract]China and Kenya have officially signed a contract worth 250 million US dollars for the Galanakulu Irrigation Project, with China Communications Construction Co., Ltd. undertaking the core project. The project covers facilities such as dams and water transmission systems. After completion, the annual water supply will reach 1 billion cubic meters, which can irrigate 300000 acres of farmland and provide safe drinking water for 70000 households. This cooperation will help Kenya overcome its dependence on rain fed agriculture, strengthen its food security defenses, and create thousands of job opportunities, becoming another model of China Africa livelihood cooperation.Editor/Bian Wenjun
Qingdao High tech Zone has signed investment agreements with Jiangsu Zetian Electromechanical Co., Ltd. and Yunke Hongtai Investment Co., Ltd., officially introducing the project of high-precision five axis machining center production base. The project has a total investment of 1 billion yuan and will focus on the research and manufacturing of high-end CNC machine tools such as vertical and horizontal five axis machining centers. It is planned to be completed and put into operation by the end of 2028, with an expected annual output of 1000 sets of equipment, which is expected to enhance the level of regional high-end equipment manufacturing industry.Editor/Gao Xue
On January 16, 2026, the environmental impact assessment documents for Wanhua Chemical's two major lithium iron phosphate projects in Yantai were accepted and publicly announced. The Laizhou project has a planned annual production capacity of 650000 tons, while the Haiyang Green Power Industrial Park project has a planned annual production capacity of 200000 tons. Both projects are invested and constructed by Wanhua Chemical's battery industry company, and after completion, they will further strengthen their battery material business layout. On the same day, Wanhua Chemical Group (Laizhou) New Energy Materials Technology Co., Ltd. was established in Laizhou with a registered capital of 740 million yuan, focusing on the research and development, manufacturing, and other businesses of electronic materials.Editor/Gao Xue