The Jakarta-Bandung High-speed Railway. [Photo/WeChat account of Optics Valley of China]
One month ago, the Jakarta-Bandung High-speed Railway – one of the milestone projects of the Belt and Road Initiative (BRI) – was put into use. Departing from Jakarta, the route's second station is Karawang, where YOFC, headquartered in the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC), built its Indonesian plant.
This is YOFC's first overseas optical fiber manufacturing project and the first of its kind in Indonesia. So far, YOFC has owned nine such production and R&D bases outside China, scattered in Europe, America, Asia-Pacific, and Africa.
More OVC companies are seeking win-win opportunities in the BRI, updating new approaches to global economic cooperation.
YOFC's optical fable production company in Africa. [Photo/WeChat account of Optics Valley of China]
YOFC has established Africa's largest optical fable production plant after only seven months of construction, facilitating the communication infrastructure in southern Africa, boosting employment, and transforming people's living styles.
Over the first half of this year, YOFC's overseas sales revenue exceeded 2.4 billion yuan ($334.56 million), a surge of 11.58 percent, accounting for more than 30 percent of the company's total sales.
WISDRI Engineering & Research Incorporation Ltd is jointly building the most significant modern and sustainable iron and steel manufacturing base in Vietnam (and probably the biggest in Southeast Asia) with the country's top iron and steel enterprise, Hoa Phat Group.
In May this year, Shenglong Electric Group's photovoltaic power station project in Iraq officially began construction. It has provided products and services to over 50 countries and regions.