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Current Development Situation

  After 2009 when Premier Wen Jiabao and Premier of Egypt at that time unveiled the nameplate for the Cooperation Zone, it stepped into a period of fast development. Currently, construction of the 1.34KM2 of starting area has been completed fully, which attracted investment of USD 1 billion, achieved annual output value of USD 200 million and provided more than 2000 employment posts. It has attracted many famous Chinese and foreign enterprises to station in it, including Jushi, Muyang, XD, IMD and etc; in 2016, President Xi Jinping and President Sisi unveiled the nameplate for the 6KM2 expansion area together. The Phase I 2KM2 Project was started and completed within the same year. Currently, Dayun Group of China and the largest automobile logistics company of Egypt signed the contract and stationed in the Cooperation Zone.

Starting Area

  At the end of 2012, construction of 1.34KM2 starting area of China-Egypt TEDA Suez Economic and Trade Cooperation Zone was completed fully and the investment attraction work is finished successfully. Various kinds of infrastructure in the starting area are perfect. The road, water, electricity, gas, broad band and communication are all available, which provide solid basic conditions for successful development of various kinds of enterprises.

  The starting area constructed a commercial comprehensive service center which is about 100,000m2, including office building with the floor area of 16,000m2 and full-star hotel with floor area of 9,000m2, parking lot, multiple white collar apartment, blue collar apartment, club salon, Chinese restaurant, Egyptian restaurant, shopping mall, supermarket, swimming pool, basket court and football court. 20,000m2 of entertainment facilities such as themed children’s park and Water World are newly added in the starting area. The supporting facilities and environment of the park are improved continuously. And we get members of 11,000 families within short time, which provide experience for planning and design of 6KM2 expansion area.

  The starting area sets service organizations such as freight forwarding and customs clearance company, maritime transportation service company, bank, advertisement bank and financial supervision office to provide “one-stop and coordinated” supporting service, including investment, professional training, legal consultation, formalities concerning on foreign affairs, operation agent, logistics bonded and etc.

  32 manufacturing enterprises and 33 service type enterprises have stationed in the starting area; and about USD 1 billion of agreed investment amount has been attracted; the employed population is about 3000; and the new type building material industrial park with Jushi (Egypt) Glass Fiber Company, petroleum equipment industry park with Honghua Drilling Rigs and International Drilling Material Manufacturing Company with leaders, high-and-low voltage electric appliance industrial park with XD-Egemac High Voltage Equipment Company as the leader and machinery equipment manufacturing industrial park with Muyang Egypt Industry Company as the leader are formed. Depending on industrial cluster, relatively complete industrial chain has took shape; Ju Shi Group, the largest professional manufacturer of glass fiber in the world and Jiangsu Muyang Group which took the third place in export staioned in the starting area successively, which further enriched and improved the industrial layout of starting area. with top class environment, high quality service and support of favorable policies, the starting area has been acknowledged and joined by many Chinese and foreign enterprises, which are performing the dream of development and the story of growth in the land together.

  Expansion area

  Guided by the principle of integrating production, livelihood, ecology and life, a vigorous new city integrating production and city is planned in the 6KM2 expansion area. The 6KM2 expansion area not only has industrial park for production and manufacturing, but also has commerce, finance, modern service and real estate. In the expansion area, more than 100 enterprises and about 40000 employees carry out production activities here concerning on industry and office; people live happily with supporting facilities for municipal administration, residence, shopping, education and medical care; sufficient green land, bright sunshine and clean air form a healthy city ecological system; high-end service such as bars, museum, library, stadium, clubs and chambers concern on deep needs of life. The expansion area of the Cooperation Zone covers 6KM2, which will be developed in three phases. It is estimated the total investment for development and construction of it will be USD 230 million. In 2016, the phase I infrastructure was started and completed within the very year and the engineering quality is locally highest. Dayun Group and the largest automobile logistics company of Egypt have signed the contract to station in the expansion area.

 
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