Egypt's TEDA Trade and Logistics Park: Let cross-border trade be more, faster, cooler and more provincial!

Egypt's TEDA Trade and Logistics Park: Let cross-border trade be more, faster, cooler and more provincial!

News review:
On May 15, 2019, the General Administration of the Suez Canal Economic Zone of Egypt approved to allow import and export trade and the establishment of logistics bonded projects in the expansion area of the TEDA Cooperation Zone. Since then, the Egyptian TEDA Special Zone Development Company has become the only company that can carry out international logistics bonded in Egypt. And Chinese-funded enterprises in general trade and re-export trade.

Do you have such concerns as those of you who do international trade between China and Egypt?
Because they are located in two continents, the distance is too far, the two parties can only communicate through the Internet or telephone, and cannot grasp the actual information of the other party. There are certain doubts about the integrity of both parties. Because customers can't see the real thing, they have great doubts about the quality and authenticity of the products, which makes them lack of determination and motivation to buy. Very not easy to negotiate the order, the seller has to worry about not receiving the payment after delivery, the buyer is worried about not receiving the goods after payment, it is really difficult. However, don't worry, because the TEDA Cooperation Zone will provide intimate services for your international trade trip between China and Egypt. In the previous article, we introduced the functions and advantages of Emaotong (the portal "Emaotong has come, opening the door of Chinese goods to the Middle East and North Africa"), which solved the problem of invisible and intangible trading products. This time, let's talk about how TEDA Cooperation Zone helps merchants solve problems in cross-border trade!
First, let's make a brief introduction: the TEDA trade and logistics park project is located in the first phase of the expansion area of the TEDA cooperation zone. it consists of the China-Egypt TEDA international bonded logistics park with an area of about 140000 ㎡, the Egypt-Egypt trade and logistics park project with an area of about 29000 ㎡ and the bonded warehouse. it is constructed in two phases. At present, the first phase of the project is in full swing and is expected to be officially put into use in early 2020. In the first phase, customers will enjoy preferential policies such as low rent for bonded warehouses and zero rent for bonded displays.

The Star of Cross-border Trade-Bonded Warehouse
Bonded warehouse = "many"!
Bonded warehouses, as the name implies, focus on "bonded"-we all know that imported goods are subject to customs duties, which are generally paid in advance by the importer and then passed on to the consumer when the goods are sold, and the goods are stored in the company's warehouse or retail store after entering the customs. The bonded warehouse is actually an area that enjoys special customs policies and is subject to special customs supervision. Unlike the usual process of pre-payment of customs duties, the bonded warehouse is where imported goods enter a specific warehouse area for storage after obtaining customs approval ".
Don't underestimate the effect of this suspension of tax payment, it can greatly reduce the cost of operators. As the volume of imported goods is usually relatively large, the total amount of taxes and fees is not a small number, the suspension of tax is equivalent to "extra" 10% to 30% of cash, can be used to increase investment, or reduce the cost of financing-even if it is deposited in the bank, there is interest income. This is a disguised form of cost reduction, the price can be reduced accordingly, the market competitiveness of goods will be enhanced accordingly, and consumers will also benefit from it, increasing the possibility of consumption.
Bonded warehouse = "fast"!
Relying on the legal and policy advantages of TEDA Cooperation Zone, bonded storage business is carried out, providing customers with customs transfer to the bonded park, unpacking and warehousing in the park, and completing import customs clearance after the customer's formalities are complete, saving customers a lot of terminal and shipping company fees, but also speeding up the customs clearance speed.

Bonded warehouse = "cool"!
Merchants store the goods in the bonded warehouse in advance, which can help buyers save the time waiting for the goods to fly from abroad to China, while buying imported goods can enjoy the same experience as domestic shopping. Buyers cool, sellers naturally cool. At the same time, Emaotong has the "display and sales" function. The first phase of a 1400-square-meter commodity display center is already under construction-that is to say, sellers can not only sell through online channels, but also carry out offline physical exhibitions in Emaotong. Both buyers and sellers can "what you see is what you get" and the transaction is more practical.
Bonded warehouse = "province"!
The operating company of Egypt Maotong is Egypt TEDA Special Zone Development Company, a Chinese-funded holding enterprise that has developed in Egypt for more than 10 years. It has incomparable advantages in credit protection, public relations, software and hardware facilities, policies and regulations, and enterprise services. The seller's goods are not directly handed over to the buyer, but to TEDA. The buyer's money is not paid directly to the seller, but to TEDA; money and goods are supervised by the TEDA Cooperation Zone to ensure that the interests of both buyers and sellers are protected-for example, the TEDA Cooperation Zone is like offline Alipay, which guarantees both buyers and sellers and ensures the interests of both parties.
With a bonded warehouse, returns and after-sales will be more worry-free, convenient and guaranteed-find problems and return to the bonded warehouse. Buyers at ease, the benefit of nature is the buyer and seller.

The Ace in Cross-border Trade -- International Bonded Logistics Park
China-Egypt TEDA International Bonded Logistics Park is one of the important projects to boost the business development of TEDA Cooperation Zone and implement the upgrading of the park. Relying on Egypt's Insuhana Port, we will vigorously carry out value-added logistics services such as bonded warehousing, sorting and packaging, unpacking and LCL, and full-container export declaration, forming a regional-port linkage development, further optimizing the business environment of the cooperation zone, and providing all-round bonded logistics services for manufacturing enterprises in the TEDA cooperation zone and surrounding areas.
At present, the Sino-Eteda International Bonded Logistics Park, which plans to invest about US $16 million and covers an area of 130000 square meters, is under active construction. The project is divided into two phases. The first phase mainly includes 20000 square meters of warehouse, 40000 square meters of storage yard area, 2000 square meters of cold storage, 1000 square meters of office area (four floors), and corresponding supporting facilities and process equipment (2019-2020); The second phase includes 2000 square meters of cold storage, 20000 square meters of warehouse, 45000 square meters of storage yard area, and corresponding supporting facilities and process equipment (2021-2022).
Have you been tempted by the multiple guarantees of the bonded warehouse of China-ETEDA International Bonded Logistics Park Emaotong Project? Do you want to join us? Whether you are in Egypt or China, or in any corner of the world, please leave a message or call 022-65373507. We will serve you wholeheartedly.