[POWERCHINA INTL holds cooperation talks with Shengyu Group]Recently, Tang Yuhua, Chairman of POWERCHINA INTL, met with Singapore's Shengyu Group CEO Qiao Quansheng and his delegation to exchange ideas on global cooperation in the fields of energy, electricity, and infrastructure. Tang Yuhua introduced the company's international business and the "15th Five Year Plan", affirmed the other party's advantages, and hoped to deepen cooperation to achieve win-win results. Qiao Quansheng expressed the importance of strategic cooperation between the two sides, and is willing to leverage the advantages of planning, design, and project management to expand cooperation in energy, water, transportation, and other fields, and jointly promote global infrastructure construction.Editor/Gong Ziwei
China Fufeng Group Shengtai Biotechnology is constructing the largest amino acid production project in Central Asia in the Jiangbu'er Oblast of Kazakhstan, with a total investment of 1.5 billion US dollars, and settling in the Silk Road Economic Zone. The first phase of the project has been completed, achieving a breakthrough in the production technology of essential amino acids in Central Asia. After reaching production capacity, the annual processing of corn is 3 million tons, providing more than a thousand job opportunities, and the products are exported to many countries. This project relies on local corn resources to fill the technological gap of high value-added products, help upgrade the manufacturing industry in Kazakhstan, create a cross-border industrial chain, and become a landmark project for China Kazakhstan capacity cooperation.Editor/Gong Ziwei
Uzbekistan plans to increase the export value of chemical products to 720 million US dollars by 2026 and expand fertilizer production to meet agricultural demand. In the same year, the plan was to attract $2.5 billion in investment through 133 projects, with a total investment scale of $9.5 billion, including $1.3 billion for 24 strategic projects and the construction of 7 new production facilities. The meeting reviewed the progress of key projects such as soda ash, fertilizers, and potassium fertilizers, and requested to accelerate the promotion of lagging projects to ensure timely completion and production.Editor/Gong Ziwei