Special economic zone

Eco Bright Future Meets with Sri Lankan Government Officials to Discuss the Implementation of Blockchain Technology and Tokenization of Real-world Assets

Retrieved on: 
Tuesday, February 20, 2024

The meeting discussed the tokenization process of real-world assets backed by physical assets in Sri Lanka.

Key Points: 
  • The meeting discussed the tokenization process of real-world assets backed by physical assets in Sri Lanka.
  • Sri Lankan government representatives emphasized the necessity of immediate future tokenization of assets and expressed the importance of paying attention to legal monitoring of the system by appropriate regulators.
  • The officials welcomed the Company in launching digital financial products for the Sri Lankan market.
  • United Heritage, Sociedad Anonima De Capital Variable, and Eco Bright Future are introducing the evolution of modern blockchain technology that governments and large corporations choose worldwide.

GCC Elevator and Escalator Market Analysis and Growth Forecasts Report, 2023 and 2024-2029: Increased Infrastructure, Industrial, and Transport Sector Investments to Surge in New Installations - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 21, 2024

The "GCC Elevator and Escalator Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "GCC Elevator and Escalator Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Otis, Schindler, TK Elevator, and KONE are the top 4 manufacturers in the GCC elevator and escalator market, with a share of 61%.
  • Saudi Arabia has recently launched four new special economic zones (SEZs) to promote growth in key sectors such as advanced manufacturing, cloud computing, and medical technology.
  • Aligned with the Saudi Vision 2030, these SEZs are expected to boost construction projects and infrastructure development, further supporting the growth of the GCC elevator and escalator market.

International Rating Agencies Affirm Rating With Upgraded “Stable” Outlook for Various Adani Portfolio Companies

Retrieved on: 
Thursday, February 15, 2024

International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies.

Key Points: 
  • International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies.
  • This assures high credit quality with stable and predictable cashflows across all issuers of Adani complex.
  • Adani Portfolio has the largest number of Investment Grade (BBB-/Baa3 and higher) rated issuances out of private companies in India and equivalent to India’s sovereign rating.
  • In our view, rated entities Adani Electricity Mumbai Ltd. (AEML) and Adani Ports and Special Economic Zone Ltd. (APSEZ) enjoy good competitive positions, healthy cash flows, and adequate liquidity to meet their debt-servicing requirements.”

New Airport Terminal at Kahama Airstrip to Leave Lasting Legacy at Barrick’s Buzwagi Gold Mine

Retrieved on: 
Sunday, January 21, 2024

KAHAMA, Tanzania, Jan. 21, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The role of a sustainable mining company is not only to create value for stakeholders today but to ensure it leaves behind a positive legacy that will continue to serve local communities long after mining is complete. This is according to Barrick president and chief executive Mark Bristow who was speaking today at the official handover ceremony of the new airport terminal built at the closed Buzwagi gold mine’s Kahama airstrip to the Tanzania Airport Authority (TAA).

Key Points: 
  • This is according to Barrick president and chief executive Mark Bristow who was speaking today at the official handover ceremony of the new airport terminal built at the closed Buzwagi gold mine’s Kahama airstrip to the Tanzania Airport Authority (TAA).
  • The building includes an arrival and departure terminal, VIP lounge and meeting room, coffee and gift shop, as well as amenities for people with disabilities.
  • The Buzwagi gold mine was an economic powerhouse for Tanzania’s Shinyanga region for nearly 15 years.
  • At its peak, Buzwagi was the second largest operating mine in Tanzania and employed more than 3,000 people.

ASYAD PORTS UNVEILS CUTTING-EDGE CONTAINER TERMINAL AT DUQM PROVIDING VITAL LINK IN GLOBAL SUPPLY CHAIN CONNECTIVITY

Retrieved on: 
Tuesday, January 23, 2024

Part of Asyad Group, Asyad Ports launched the new container terminal in collaboration with Port of Duqm and the Special Economic Zone at Duqm to offer more integrated logistics solutions and proactively respond to new trends in global trade and handling.

Key Points: 
  • Part of Asyad Group, Asyad Ports launched the new container terminal in collaboration with Port of Duqm and the Special Economic Zone at Duqm to offer more integrated logistics solutions and proactively respond to new trends in global trade and handling.
  • This is part of a broader goal for Asyad Ports to increase the competitiveness of its services and the throughput of its ports.
  • "The new container terminal at Duqm Port advances vital supply chain solutions for Oman and the global shipping sector," said Dr. Ahmed Al Abri, CEO of Asyad Ports.
  • Technically-advanced, Asyad Container Terminal is equipped with four remotely operated 65-ton twin lift STS cranes and twelve 50-ton RTG cranes.

ASYAD PORTS UNVEILS CUTTING-EDGE CONTAINER TERMINAL AT DUQM PROVIDING VITAL LINK IN GLOBAL SUPPLY CHAIN CONNECTIVITY

Retrieved on: 
Tuesday, January 23, 2024

Part of Asyad Group, Asyad Ports launched the new container terminal in collaboration with Port of Duqm and the Special Economic Zone at Duqm to offer more integrated logistics solutions and proactively respond to new trends in global trade and handling.

Key Points: 
  • Part of Asyad Group, Asyad Ports launched the new container terminal in collaboration with Port of Duqm and the Special Economic Zone at Duqm to offer more integrated logistics solutions and proactively respond to new trends in global trade and handling.
  • This is part of a broader goal for Asyad Ports to increase the competitiveness of its services and the throughput of its ports.
  • "The new container terminal at Duqm Port advances vital supply chain solutions for Oman and the global shipping sector," said Dr. Ahmed Al Abri, CEO of Asyad Ports.
  • Technically-advanced, Asyad Container Terminal is equipped with four remotely operated 65-ton twin lift STS cranes and twelve 50-ton RTG cranes.

U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Retrieved on: 
Wednesday, November 8, 2023

U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.

Key Points: 
  • U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.
  • Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune of USD 553 million.
  • View the full release here: https://www.businesswire.com/news/home/20231107733135/en/
    U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million (Photo: Business Wire)
    DFC, the U.S. government’s development finance institution, partners with the private sector to finance solutions to the most critical challenges facing the developing world.
  • “Sri Lanka is one of the world’s key transit hubs, with half of all container ships transiting through its waters.

Kenya Data Center Market Investment Analysis Report 2023-2028: Opportunities in Existing and Upcoming Facilities, IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards - ResearchAndMarkets.com

Retrieved on: 
Friday, September 29, 2023

The "Kenya Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Kenya Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Kenya data center market is expected to grow at a CAGR of 11.22% from 2022 to 2028.
  • This report delves into the Kenya data center market, offering insights into its share and growth potential.
  • It provides comprehensive analysis of existing and upcoming facilities, along with investments in IT, electrical, mechanical infrastructure, general construction, and tier standards.

Kenya Data Center Market Investment Analysis Report 2023-2028: Improving ICT Infrastructure, and Supportive Government Policies Fueling Growth Opportunities

Retrieved on: 
Friday, September 22, 2023

DUBLIN, Sept. 22, 2023 /PRNewswire/ -- The "Kenya Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 22, 2023 /PRNewswire/ -- The "Kenya Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • This report delves into the Kenya data center market, offering insights into its share and growth potential.
  • The Kenya data center market exhibits promise driven by its strategic location, improving ICT infrastructure, and supportive government policies.
  • Some key investors in the Kenya data center market are Africa Data Centres io (Digital Realty), IXAfrica, and others.

Thailand Data Center and Cloud Services Market Outlook, 2027 - Rising Software as a Service Adoption and 'Cloud First' Initiative Boosts Growth

Retrieved on: 
Wednesday, August 2, 2023

DUBLIN, Aug. 2, 2023 /PRNewswire/ -- The "Thailand Data Center and Cloud Services Market Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 2, 2023 /PRNewswire/ -- The "Thailand Data Center and Cloud Services Market Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The report provides a comprehensive analysis of the potential of Data Center and Cloud Services Market in Thailand.
  • The Thailand Data Center and Cloud Services Market witnessed significant growth during the period 2017-2022, owing to increasing tech savvy population, major investments in the sector, rapid surge in data demand, intensifying digitalization and rising data traffic.
  • And, in future the Thailand data center and cloud service market is going to growth owning to 5G services, new market entrants and collaborations and upcoming data centers in the forecasted period 2022-2027.