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Vice Chairman of Egyptian SCZone Visited Tianjin: Drawing a New Chapter for Development of TEDA Cooperation Zone

With the continuous development of Chinese “the Belt and Road” Initiative and Egyptian “Suez Canal Corridor Development Plan”, the cooperation between China and Egypt in trade investment and infrastructure has been developed steadily and obtained a fruitful result. China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as “TEDA Cooperation Zone”), as one of the important starting points for the realization of China-Egypt capacity cooperation, has been highly valued by the leaders of the two countries. In January 2016, under the testimony of the heads of the two countries, China and Egypt signed intergovernmental consultation mechanism of TEDA Cooperation Zone, which indicated the will of jointly promoting the development and construction of TEDA Cooperation Zone. On July 27, 2017, the delegation led by Vice Chairman Mahfouz M.T. Marzouk of General Authority for Suez Canal Economic Zone (hereinafter referred to as “General Authority for SCZone”) visited Tianjin to discuss the issues on the first level of cooperation mechanism of TEDA Cooperation Zone - Intergovernmental Coordination Committee of TEDA Cooperation Zone. After visiting the Administrative Examination and Approval Service Center of TEDA, the delegation had a talk with Vice Mayor Zhao Haishan of Tianjin Municipal People’s Government and attended the first joint meeting held for the establishment of Intergovernmental Coordination Committee of TEDA Cooperation Zone.

The delegation led by Vice Chairman Mahfouz M.T. Marzouk truly experience the investor-based one-stop, one-package and consistent-system services of TEDA in the process of visiting the Administrative Examination and Approval Service Center. After the visit, Vice Chairman Mahfouz M.T. Marzouk highly appreciated the advanced service concept, efficient service efficiency and superior investment environment of TEDA.

The delegation led by Vice Chairman Mahfouz M.T. Marzouk of General Authority for SCZone visited the Administrative Examination and Approval Service Center of TEDA Cooperation Zone

Subsequently, the delegation went to Tianjin Yingbin Hotel to have an in-depth talk with Vice Mayor Zhao Haishan of Tianjin Municipal People’s Government on issues related to the establishment of Intergovernmental Coordination Committee of TEDA Cooperation Zone. Vice Mayor Zhao Haishan stressed at the meeting that China and Egypt shall continue to uphold the principles of “common vision and common efforts”, strive to make TEDA Cooperation Zone better and better and enable it to become the new continuation and crystallization of the friendship between China and Egypt. Vice Chairman Mahfouz M.T. Marzouk said that the Egyptian government is willing and able to provide better support and assistance for TEDA Cooperation Zone in terms of talent supply, electric power and water conservancy and safety guarantee. The two sides finally reached a consensus on jointly establishing a good mechanism for intergovernmental cooperation, strengthening interaction and promoting the development of TEDA Cooperation Zone.

On the afternoon of the same day, the Intergovernmental Coordination Committee of TEDA Cooperation Zone was formally established in Tianjin Municipal Commission of Commerce and convened the first joint meeting. The leaders including Vice Chairman Mahfouz M.T. Marzouk and Director Zhang Aiguo of Tianjin Commission of Commerce attended the meeting. China and Egypt fully exchanged their views, conducted in-depth communication and reached a broad consensus on the problems faced in development and operation of TEDA Cooperation Zone at the meeting. The Intergovernmental Coordination Committee of TEDA Cooperation Zone, as the first level of cooperation mechanism of TEDA Cooperation Zone and jointly established by the Chinese Ministry of Commerce, Tianjin Municipal Government and General Authority for SCZone, its main task is to communicate the construction progress of TEDA Cooperation Zone, study and solve the problems involving the government level, and reach policy guidance. The success holding of the first joint meeting of the Committee is of great significance in establishing the cooperation mechanism between governments of the two countries and promoting the development of projects in TEDA Cooperation Zone.

On the morning of July 30, the delegation visited TEDA and conducted a field survey on TEDA Aircraft which is subordinated to TEDA Holding and Sino-Singapore Eco-city Project, took a detailed look at tourism and ecological residence and other sections of TEDA Holding, produced a new understanding on the brand image of TEDA Holding, and wished TEDA Cooperation Zone which has inherited advanced development model of TEDA a great success.

The visit to Tianjin of the delegation led by Vice Chairman Mahfouz M.T. Marzouk has not only strengthened the friendship and partnership between China and Egypt, but also deepened the favorable impression of the Egyptian side in Tianjin Development Zone. Vice Chairman Mahfouz M.T. Marzouk said that the future Coordination Committee will certainly give full play to its functions, firmly stand with each other to overcome difficulties, jointly promote the construction and development of TEDA Cooperation Zone and draw a new chapter for China-Egypt capacity cooperation.

 
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