The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.

Sources that spoke to Reuters said the project would create over 1,000 jobs when including sub-contractors as well as suppliers in the region.

The package-handling giant plans to fill the $79 million facility with more than 3,000 robots by 2024 to handle tasks like lifting, reducing the need for manual labor.

The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.

San Francisco Bay Area-based KoBold’s entry into Congo would align with the priorities of U.S. President Joe Biden’s administration.

The Coastal Virginia Offshore Wind project is set to encompass as many as 176 turbines installed approximately 23.5 nautical miles off Virginia Beach.

NewCold said that its brand new $300 million cold storage facility is among the largest in the world.

At a forum held during the 2023 Belt and Road Forum in Beijing, China, PM Kakar said that the country has already operationalized its deep seaport of Gwadar.

The 1.5 million-square-foot venue is located just 15 miles south of Dallas at 2500 Belt Line Road in Lancaster.

By the end of 2023, Primark will have opened eight stores in the U.S. with a plan to open 60 stores in the United States by 2026.