Three times in a row: Egypt's TEDA again won the "Egypt's best modern industrial city builder" honor

Release time:

2024-04-18 00:00

"We are pleased and honored to announce that TEDA Development Company has won the award for the best modern industrial city builder in Egypt in 2024".

In the recently released "International Business Magazine" (International Business Magazine)2024 global award list, Egypt Teda once again on the list-this is the third consecutive year that Egypt Teda has won the award from the magazine.

International Business Journal is an online publishing company based in the United Arab Emirates, with subscribers including investors, executives, policy makers and government officials. The magazine provides the latest news from the financial world and keenly promotes innovative solutions in the industry. The "International Business Magazine Award" recognizes extraordinary achievements in the fields of banking, finance, investment, insurance, energy, healthcare, education, logistics, enterprise, technology,Appreciate the hard work and dedication to achieve success in the competitive international business world, not only to recognize outstanding talents, but also to cultivate and encourage industry growth.The award has become synonymous with excellence and success in the industry, valued and recognized by its target audience.

The TEDA Cooperation Zone built and operated by TEDA in Egypt, which has been favored by International Business Magazine for three times, is highly concerned by the Chinese and Egyptian governments and is known as "the bridge of Sino-Egyptian cooperation" and "the most successful project in the Suez Canal Economic Zone" ...... Up to now, the TEDA Cooperation Zone has directly created about 7000 labor jobs, indirectly driving about 50000 labor jobs upstream and downstream of the industry, creating $0.3 billion in tax, and entering 160 enterprises in the zone, there are many top 500 enterprises in the industry, China's top 500 and even the world's top 500 enterprises. Shortly before winning the title of "Egypt's Best Modern Industrial City Builder" awarded by International Business Magazine, under the personal witness of Egyptian Prime Minister Madbouli, the TEDA Cooperation Zone introduced a major project with an investment of 1 billion yuan in emerging cast pipes. The project will make up for the gap in the field of ductile iron pipe industry in Egypt, greatly enhance the research and development and supply capacity of Egyptian pipelines, provide employment for Egypt and earn foreign exchange through export, effectively improve the technical level of Egypt's local pipeline industry, and improve the international competitiveness of Egypt's pipeline industry.

Egypt Teda won three consecutive awards, "International Business Magazine" can be described as a unique vision.

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