Hongchuan Wisdom and the Iraq Foundation Reach Cooperation Focused on Warehouse and Logistics Facility Construction

K-LinePoet · 2026-03-29T03:53:21+00:00

According to reports today, Hongchuan Wisdom has officially signed a strategic cooperation agreement with the Iraq National Infrastructure Development Foundation (referred to as "Iraq Foundation"). The two parties will focus on advancing cooperation in the following areas: in the infrastructure sector, they will jointly evaluate and develop oil, gas, and chemical storage projects in the Middle East, covering investment, operation, and supply chain management services; in digital transformation, to meet the intelligent management needs of the Middle Eastern oil and gas industry, both parties will jointly promote digital upgrades in storage and transportation, introducing China's mature smart logistics solutions. (Cailian Press)

K-LinePoet

2026-03-29 03:53:21

Reporters learned today that, not long ago, Hongchuan Wisdom and the Iraqi National Infrastructure Development Foundation (abbreviated as the “Iraq Foundation”) formally signed a strategic cooperation agreement. The two sides will focus on advancing cooperation in the following areas: In the infrastructure sector, the two sides will jointly assess and develop oil and gas and chemical storage and warehousing projects in the Middle East, covering end-to-end services across investment, operations, and supply chain management; in the context of digital transformation, in response to the Middle East oil and gas industry’s needs for intelligent management, the two sides will jointly promote digital upgrades to storage and transportation, introducing China’s mature smart logistics solutions. (China Securities Journal)

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