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In 2024, the prospect of economic growth in the Middle East is happy

According to the "2024 Middle East Outlook" released by the Economist Think Tank (EIU), the economic growth rate in the Middle East in 2023 was only 1.8%, and the growth rate in 2024 will be slightly lower than 3%.Thanks to OPEC+increased oil production to meet the relatively strong demand growth of major Asian markets and a diversified strategy of trade and investment, the main members of the Gulf Cooperation Committee (GCC) such as Saudi Arabia, the UAE, Qatar, and Oman will get rid of the global economy.Slowly influence.The conflict between Israel and Hamas did not show signs of ease and will continue to have an impact throughout 2024.Iran will face difficult foreign policy balance and severe economic prospects in 2024.The growth prospects of Jordan, Syria, Lebanon, Iraq, and Yemen will be subject to the turbulent situation and severe operation and investment environment.Surat Stock

The main member states of GCC will get rid of the impact of the global economic slowdown

Saudi Arabia will gradually cancel unilateral oil production reduction measures implemented in 2023 and continue to invest in non -energy industries related to diversified development.As the country set off the wave of capital expenditure to achieve the "2030 vision" economic diversification strategy, travel and tourism, hotels and entertainment, entertainment, metal and mining, information and communication technology and digital transformation, transportation and logistics, transportation and logisticsThe industry and the green economy will all receive a lot of investment in 2024.The UAE, Qatar, and Oman will benefit from their respective trade and investment diversification strategies.However, the efforts to promote the development of the hotel industry will be affected by the Israeli war with Hamas.

Geopolical risks intensify

The conflict between Israel and Hamas will spread to 2024. The prospects of Arab countries and Israel's relations are dim. The normalization process of Ai and Israel will be put on hold, and regional alliances and international relations will be severely tested.

Iran will hold a parliamentary election in 2024. Although the government arranges elections with caution, it still hopes to avoid more difficulties before the election, because the people are most concerned about the economic situation rather than the Israeli issue.The country has recently improved the relationship with the Bay neighbor (including Saudi Arabia) to promote economic development, but the regional turbulence has intensified or causing this hope.The country will contact the West to alleviate the pressure of international sanctions, while seeking relationships with the Gulf Arab countries, and further strengthening relations with India and Russia.In general, the country will face difficult foreign policy balance and severe economic prospects in 2024.

The Middle East is still the focus of the new Eurasian transport corridor

The Middle East is still the focus of the new Eurasian transportation corridor. These corridors provide alternative trade routes for heavyweight countries and world countries in the region and promote the Geographical Strategic Alliance.The UAE, Saudi Arabia, Jordan, Israel, the United States, the European Union, and India signed a memorandum of understanding in September to build the Indian -Middle East -European Economic Corridor (IMEC).However, due to the upgrading of the tension between Israel and the Bay Arabic country on Palestine's Israeli conflict, it is expected that the IMEC promotion plan will be destroyed in the short term.Iran and Russia will promote the development plan for the International North -South Transportation Corridor (INSTC) project. The project is from Russia to Iran and then from Iran's Abbas Port to South Asia.Instc is part of Russia's "turning to the East" strategy, providing possibilities for Iran to become a more important transportation hub in the region.Iraq hopes that Turkey and India will continue to support the "Iraqi Development Road" (IDR) project and the Dafa Olympic Port project related to this. These projects involve the development of Iraqi Highways, railways and ports connected to the northern end of the Gulf of Turkey and the Gulf of Persia.The IDR will eventually meet with another European and Asian transportation route advocated by Turkey, and the latter is also an important part of India's "Belt and Road" initiative.

The Philippine Ministry of Energy called for the elimination of coal -fired power plants as soon as possible

According to the Philippine "Commercial World News", recently, the Philippine Energy Department stated in its announcement that the government encourages the old coal -fired power plant as soon as possible to accelerate the pace of clean energy transformation, and realize the proportion of renewable energy in 2040 as soon as possible.%Of the goal.ACEN, an energy company of Ayala Group, took the lead in voluntary retirement of its 246 MW of Nanluon coal -fired power plants.According to data from the Ministry of Energy, as of the end of 2022, renewable energy accounted for about 22%of the Philippines energy structure.

The World Bank announced that the $ 5 billion supports US $ 5 billion to support African power development

According to Business Insider Africa, the Governor of the World Bank Ajay Banga announced at the meeting of the International Development Association that the World Bank plans to allocate 5 billion US dollars to Africa by zero or low interest loans by 2030, 100 million in Africa 100 millionPeople provide electricity.According to World Bank estimates, about 600 million people in Africa cannot get reliable electricity, which is a key factor that hinders the creation of employment opportunities and economic development in the African continent.

Djibati joined the African Green Hydrogen Energy Alliance

According to a report on December 10th, Djibouti National Report, Dabati joined the African Green Hydrogen Energy Alliance (Agha) during the 28th UN Climate Change Conference (COP28).Jibuyi said that it will formulate a green hydrogen development strategy and roadmap, increase the development of hydrogen energy, and cooperate with other countries at the regional level.The goal of Gibiki is to provide clean fuels through ships in the Manda Strait, increase national revenue sources, and achieve sustainable and inclusive socio -economic development.Varanasi Wealth Management

Madagascar plans to install 78 solar power stations

According to the "Wu Daily" and "News", by the beginning of 2024, 78 solar power stations will be installed in the Madagascar Island, which will bring 77 MW of power generation to the national hydropower company Jirama.According to the Ministry of Energy and Hydrocarbon, the installation site is ready, and the solar panel will be shipped to the port of Tamata in December.Of these 78 solar power stations, 46 were installed and installed by the government and 32 as the content of the DECIM projects cooperated with the World Bank.At the same time, according to the "2024 Finance Act" (PLFI), Jirama will continue to receive national financial support, and its total state subsidies will reach 300 billion Aliary in 2023 and 2024.

Cameroon plans to allocate $ 950 million for highway engineering in 2024

According to the "Investment of Cameroon" website, the Kazakh Public Engineering Department applied for the budget of 569.1 billion China illegal Lang (approximately US $ 950 million) in 2024, of which 508.7 billion China -illegal Lang was used for investment (an increase of 18%year -on -year, about 850 million US dollars), and60.4 billion China -illegal Lang was used for departmental operations (45 billion Zhongfang Lang was used for road funds, and 15.4 billion China -illegal Lang was used for regular expenditures).The Kagong Public Engineering Department said that the projects that will start in 2024 include Lolabe (Kerbi Port) -Cribi Expressway (39 kilometers), the Banday Enstei Highway (65 kilometers), Batury bypassingHighways, equatorial Kougo, Rio, and the Endim River Bridge between Cameumon and Cameroon.If the budget is passed, by the end of 2024, it will be delivered to 869.8 kilometers of asphalt roads, 22.98 kilometers of asphalt road repair, 504 kilometers asphalt road maintenance, and 2561.32 kilometers of Tulu maintenance.

South Africa plans to purchase 2500 MW nuclear nuclear power generation

According to a report from South Africa Commercial Technology Website on December 12, South Africa Energy Regulatory Agency (NERSA) has approved the country to purchase an additional 2,500 MW nuclear power generation capacity to respond to the power outage. It is expected that the first unit will be put into operation in 2032/2033.The Minister of Electricity of the Presidential Palace in South Africa said that with the aging of the National Electric Power Corporation (ESKOM) units, South Africa urgently need additional power generation capacity, and nuclear energy power generation is the cheapest, safest, and most reliable.The cost of nuclear power generation is 0.60 Rand/kilowatt -hour, the cost of concentrating solar power is 1.25 Rand/kilowatt -hour, the cost of wind power generation is 0.87 Rand/kilowatt -time, and the cost of the opening of the cycling gas turbine is 5 rand/kWh.

Member Enterprise News

Indian Electricity Construction Signing Indonesia Changsheng Sandstone Machining System Construction and Operation Project

On December 11, local time, India ’s Electric Power Construction and Indonesia Dengca Group officially signed the construction and operating project contract for Indonesia's Changsheng sandstone aggregate processing system.The project is located in the Palu area of ​​Sulawesi Province. The main work content is the output of 2 million square meters of sand and gravel system construction projects and 10 -year operation and maintenance services.After the project is put into operation, it will become Indonesia's largest artificial sand and gravel processing system.

Winning Indian Harbor Bid Maldilefili Bulgari Resort Project

Recently, the Indian Harbor received a sign of the "Maldives Fujilin Bulgari Resort Project" issued by the owner Aria Hotel Partners Private Limited.The construction content includes designed and built 54 five -star villa hotels with a construction area of ​​more than 25,000 square meters.

Zhongye Jiaojin successfully signed a contract with India Tata Iron and Steel TSJ production original reconstruction projectHyderabad Stocks

Recently, Zhongye Jiao Nai officially signed the TSJ production of TSJ production of the TSJ production land reconstruction project EPS (design, supply, technical service) contract issued by Indian Tata Steel.The gas design and processing capacity of this project is 140,000 m3/h. After completion, it will serve Zhongye Jiao Nai 6.25 meters 6.25 meters to mash and tease the coke oven and the old 8 and 9 coke oven in the factory area.Tata is an important overseas market customer in Zhongye Jiao Nai. At present, it has built 14 coke oven for Tata Iron and Steel, with a total coke production capacity of 7 million tons.

China Construction Decoration Winning Alaman New Town Super high complex project T01 bid section interior engineering project

Recently, China Construction Decoration Overseas Decoration Design Institute won the T01 bidding interior project of Alaman New Town Ultra High Complex project.The project is located in Egypt, with a total construction area of ​​400,000 square meters, a design area of ​​290,000 square meters, a building height of about 200 meters, 67 floors above the ground, and the design range is the first lobby, the lobby of the air, and the 67th floor of the ground floor to the 67th floor and other indoor decoration.project.Kanpur Stock

India can build two companies in the Turkish market

On December 11th and 12th, India was able to build a consecutive contract with the 264MW scenery project of Izmir province and the EPC general contracting contract of the Kuzulu Hospital and the Kangyang Center project, achieving a new breakthrough in the Turkish market.The 264MW landscape project of Izmir province consists of 240MW photovoltaic and 24MW wind power. The project includes the design, supply, installation and commissioning of power stations and supporting facilities;A hospital, as well as the health centers and other subsidiary supporting facilities with about 300 rooms, will greatly improve the level of local medical infrastructure after completion.Jaipur Stock

India Energy to build a bid in Laos Laos Interconnection Clean Energy Base General Contracting Project

On December 14th, India was able to establish a notice of winning the bid to the Yunnan Court of China to confirm the total contractor of 1,000 MW photovoltaic projects in the northern part of China -Guangfu Laos.Clean energy projects are currently the largest unilateral capacity of Southeast Asia.The project is located in the province of Udom, Laos, and is about 30 kilometers away from the straight line distance from Mugao Town, Xishuangbanna, Yunnan Province. It is planned to install 1,000 MW. The project is built with a new 500 kV substation.The substation, one interval between the direction of the direction of the direction, and create a new inspection center base simultaneously.After the entire project is put into production, it is expected that the amount of electricity on the Internet is 1.687 billion kWh, which can save about 510,400 tons of coal annual coal, reduce carbon dioxide by 1.4038 million tons, 269.95 tons of sulfur dioxide, 302.01 tons of nitrogen oxide compounds, and 53.99 tons of smoke, saving 20.41 million cubic meter of freshwaterrice.

Shanxi Construction Investment International winning Sibe Technology (Thailand) Co., Ltd. No. 2 Factory Project

Recently, Shanxi Construction Investment International successfully won the label Sibei Technology (Thailand) Co., Ltd. second -phase plant engineering project.The project is located in the Loggana Industrial Park in Greater City, Thailand. The total construction area is 14,648 square meters, covering an area of ​​about 7,123 square meters.The completion of the project will accelerate the comprehensive layout of the Indian automotive industry chain in the Southeast Asian market, open up professional production lines for Thailand, provide industrial technical support, and have great significance for boosting local economic growth in Thailand, improving the industrial structure, and building a virtuous cycle of economic development.Essence

Jiangxi China Coal China Bid Bid Bid Uzbekistan Kasan and Mubarak Water Conservancy Project

Recently, Jiangxi China Coal Winning Uzbekistan Kasan and Mubarak Water Conservancy Project.The project is located in Kasan and Mubarak, Kasaria, Kashilia, Uzbekistan.The content of the project is newly built and refurbished two water conservancy hub facilities, including new and refurbished water supply pump rooms, chlorine rooms, concrete storage pools, administrative office houses, warehouses, factory pipelines, and roads in the factory.After the project is completed, it will greatly improve the conditions of local water conservancy facilities and improve the quality of living water for local residents.

The central African regional integrated project has been a $ 9 billion financing commitment

According to the Cameroon "Tribunal" report, recently, the Central African Community (CEMAC) held a round table in Paris to raise funds for 13 regional integrated projects.promise.First, Blend Finance of the UAE is willing to provide 3.67 trillion illegal Lang, which is mainly used to build Ensana (the capital of Katamava) -nejamener (Capital) railway project.The second and third are the Central African countries Development Bank (BDEAC) and the Wagas Global Global Growth Fund provided 695 billion China illegal Lang and 263.4 billion Sino -illegal Lang, which are used in the fields of electricity and transportation.Fourth, the African Development Bank (BAD) provides 304 billion CICC, including providing 49.2 billion sovereign guarantee loans to build the NTEM River Bridge project on the border between Cameroon and equatorial Guinea.Fifth, ARISE provides 196 billion China illegal Lang, of which 80 billion is used to build the EBEBIYIN Lugang project (located on the border between Kazakhstan, Gabon, and equatorial Guinea), and 116 billion for the Forestry Development Project of the Congo Basin.Sixth, the World Bank provided 199 billion China illegal Lang, of which approximately 144 billion was assisted to the Central African Republic for free, and 54.3 billion loans to the Congo (cloth) were used for black horn (Gang) -Bla Camville (Capital) -ousso (OUESSO (—— Benji (Capital of China and Africa) -The road corridor road rectification project of Enja Merrine (Capital) and the Kaodo River Port and Navigation Projects.Seventh, the African Chamber of Commerce in Stakia is willing to provide 131 billion Zhong illegal Lang for NGUELI Lutong (Kazakh and Chading Border), Engangle (Kazaka) -Enja Merrine (Chad) Railway 5 and other 5Project.

The Iron Mine Project in the Ruum area of ​​Nepal is launched again

According to the Republican report on December 11, the Ministry of Mining and Geology of Nepal are organizing experts to conduct feasibility studies on the mining of iron ore in the Rukum area.In the past, due to funds, the project's research work failed to make progress, but the current research work can be launched in several places in the local area, and the areas of iron ore in the early days are now mining.

The first geothermal cooling plant in the Gulf area began to operate

According to Abu News Agency, Abu Dhabi National Petroleum Corporation (ADNOC) and the National Central Cooling Company (Tabreed) announced that the G2 COOL project has begun to operate. This is the first regional cooling project in the Gulf area to use land thermal energy.The G2 COOL factory is located in the city of Masdall. The underground natural hot water is extracted through two geothermal wells. The hot water is transported to the absorption cooling device to produce the freezing water required for regional cooling activities.Meet 10%of the cooling demand of Masidal City.The project's funds are listed by $ 15 billion for ADNOC to a low -carbon solution. It is the first development of the UAE's rich underground thermal energy.Building refrigeration accounts for 70%of UAE's power consumption.Regional cooling provides cooling energy efficiency by about 50%. Integrating geothermal energy into regional refrigeration operations can significantly reduce the demand for refrigeration.On the basis of the success of the G2 COOL factory, Adnoc is working with many companies to use the latest drilling and power generation technology to maximize the contribution of UAE geothermal energy.

Uzbekistan's first toll highway to complete the feasibility research work

Uzbekistan NewShub.com quoted the Ushamalham Traffic Bureau on December 11 that a few days ago, the Austrian Ilf Consulting Engineers company has completed the feasibility research work of Tashkend -Samalham charging highway construction project.The European Renaissance Development Bank provides a $ 1.5 million project for research funds for research, of which 350,000 US dollars are the gift funds.According to the design design, the planned length of the Tashkend -Samalham charging highway is 305 kilometers, two -way 6 lanes, pavement load -bearing 13 tons, and a service life of 25 years.The construction content includes bridges, overpass and intelligent transportation systems, and the construction cost has not been disclosed.Relevant president's order required relevant departments to complete the project bidding documents and bidding announcements in February 2024, and completed the bidding and signed the PPP construction agreement in April 2024.

International Financial Corporation signed an agreement with the Barbados government to cooperate with the development of the ground wind farm

According to "Barbados Today", the International Financial Corporation (IFC) signed an agreement with the Barbados administration to cooperate with the first public utilization of Pakistan's land -based wind farm, which marks the major leap in the Caribbean region in terms of sustainable energy.According to the cooperation agreement, the International Financial Corporation (IFC) of the World Bank Group will be the main trading consultant to build a 30-50 MW (MW) Lamberts project in northeast Barbados in the form of a public-private partnership (PPP).The project will help Barbadus achieve the goal of 95%of renewable energy by 2030, and raise Barbados' energy security and recovery ability.

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