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TEDA, a City Building Expert from China

  In 1984, in order to attract foreign investment and develop import and export trade, China firstly set up 14 economic and technological development zones in the coastal port cities. Over the past 30 years, the rapid economic development of these development zones has played an important role in China’s economic development, system reform and opening to the outside world.

  TEDA is one of the first economic and technological development zones. The full name of “TEDA” is Tianjin Economic-Technological Development Area, and the English abbreviation is TEDA, which is transliterated “TEDA”. Approved by the State Council of the People’s Republic of China, it was formally established on Dec. 6, 1984.

  In 1984, the first batch of TEDA people began their pioneering journey. The selected site of Tianjin Economic-Technological Development Area was a desolate saline land with various vertical and horizontal ditches, silt deposition and vast salt beach. Its construction began in winter, so the construction conditions were extremely difficult. Builders put forward the slogan: “fighting against the snow and severe cold, fighting bravely for forty days, to surely make the salt beach with clean water and smooth roads and a completely new appearance”. In a very short period of time, they defeated the harsh natural environment and geological environment, creating a comprehensive development conditions. TEDA adopted a regional development model, i.e. “planning one land, developing such one land, and getting profit from such land”, which helps make remarkable achievements in the subsequent development process and attract a large number of foreign-invested enterprises and world renowned enterprises.

  At the very beginning of the construction of the park, TEDA put forward the correct and lofty concepts – “project is the lifeline, investors are emperors”, “to provide investors with convenience to make them win profits”, “building simulated international investment environment”… Such consciousness and ideas pushed actions one step ahead. At the same time, TEDA Management Committee is committed to the establishment of “pro-business, pragmatic, high-quality and efficient” management agencies, with the faith that “service is also the productivity”, provides “one-package, one-stop, consistent-system, all-around, whole-process and whole-member” first-rate service for enterprises in the park. A series of advanced concepts, high-quality service plus the spirit of TEDA people who are not afraid of hardship and have the courage to contend the first place as well as a good development model keep the leading position of TEDA development area in China’s state-level development zones. As of 2013, among 90 state-level development zones in China, the comprehensive evaluation indexes of TEDA development zone ranked first for 15 consecutive years in investment environment rating by China’s Ministry of Commerce, truly becoming China’s best modern industrial area.

  With more than 30 years of development and construction, TEDA has achieved comprehensive development in economy, society, humanities, service and other aspects, and it is not only an industrial area gathering the industry, the wealth and the talent, but also it has gradually developed the original desolate saline land into a city suitable for the living and working in peace and contentment with perfect living facilities, complete supporting services and the beautiful environment and ecology.

  Accordingly, “TEDA” has gradually become a brand, a synonym for a city operator.

  With the rapid growth and development of TEDA, TEDA also began to expand its perspective to overseas. At the beginning of 1998, Tianjin TEDA development area was invited by the Egyptian government to represent China to help Egypt to build the Suez Northwest Economic Zone. From the year of 1998 to 2007, Tianjin TEDA had sent many batches of elites to Egypt, to promote the progress of the Egyptian project, who had helped complete the economic analysis of the development and construction of the Suez Northwest Economic Zone, the overall planning of the third block and the regulatory plan of the starting area of 2 KM2, and also assist the Egyptian side in carrying out the development, construction and investment work of the third block of the SE Zone.In order to speed up and promote the development of the region, China-Africa TEDA Investment Co., Ltd., China-Africa Development Fund and the Egyptian Sino-Egyptian joint venture co-operated to establish Egypt-TEDA Investment Company in July 2008, so as to start the construction of China-Egypt TEDA Suez Economic and Trade Cooperation Zone. In the construction process, the Chinese people took advanced concepts and valuable experience that obtained in the operation of China’s development zone to Egypt, and the starting area of 1.34 KM2 in Suez Economic and Trade Cooperation Zone has achieved great success in Egypt. The never-stop TEDA people once again signed a land contract about 6 KM2 expansion area with Suez SE Zone Development Company, continuing to start a new pioneering journey. As one city building expert from China, TEDA will once again create a new glory, a new miracle on Egypt’s land!

 
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