The expanded online summit of the Asia Zero Emission Community (AZEC) held amid ongoing tensions in the Middle East and blockade of the Strait of Hormuz.
The project is planned to span approximately 571 ha with a main wharf length of 7.5 km. Its design capacity is projected to reach 4.8 million TEUs by 2030, eventually scaling up to 16.9 million TEUs by 2047.
Foreign entities and individuals can now own up to 30% of the residential apartments in a building, including mixed-use developments, under a new decree effective on August 1.