The project, with a total investment cost of 848 million U.S. dollars, is located at Abu Tartour of New Valley Governorate in the southwest of Egypt and the plant will be used to produce commercial-grade phosphoric acid products.
The president's trip was also well received by local youth. Willy Ho Tsz-ho, 28, who works at a local news media company, said he was glad the president weighed in on the importance of "seeking broad common ground while setting aside major differences" in Hong Kong. The remarks showed that the president understands and respects the city's diversity, Ho said.
The primary task for new energy carmakers should be improving the quality of their products, which directly affects consumers' confidence in buying a new car and a second-hand one, Zhang added.
The president-elect also said he has appointed Marcella Nunez-Smith, an expert on health care disparities, to serve as COVID-19 equity task force chair, while naming Jeff Zients, former director of the National Economic Council, coordinator of the COVID-19 response and a presidential counselor.
The production team spent nearly three years completing the series, which involved more than 200 people.
The progress has been made since the State Council unveiled a guideline last November that aims to build three to five industrial internet platforms, which will reach international standards by 2025, and lead the world in key areas by 2035.
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The project will be the first of its kind for BYD in Latin America and will become part of the city's Light Vehicle Transport System (VLT), which is slated to begin construction within six months and be fully operational by 2021.
The program was advocated by the World Customs Organization to strengthen international supply chain security and facilitate the movement of legitimate goods.
The project will also include a cross-border trading center for bulk cargo made in China, such as textiles and household appliances.
The project will construct wastewater treatment plants and related works for the improvement of river and lake water quality in central and western regions of China, with treatment capacity reaching 2.3 million tonnes of wastewater and 2,900 tonnes of sludge per day by 2024.