Liao Liqiang: The TEDA Cooperation Zone has become the flagship project of China-Egypt cooperation to jointly build "the belt and road initiative"

Liao Liqiang: The TEDA Cooperation Zone has become the flagship project of China-Egypt cooperation to jointly build "the belt and road initiative"
Source: Website of Chinese Embassy in Egypt

The original title was "Ambassador Liao Liqiang went to Suez to inspect the Sino-Egyptian TEDA Economic and Trade Cooperation Zone"

On June 15, Ambassador Liao Liqiang visited the Suez Economic and Trade Cooperation Zone (TEDA Cooperation Zone) in Suez Province, during which he met with Mohammed Shaban, vice chairman of the General Administration of Suez Canal Economic Zone, and had a discussion with representatives of Chinese enterprises in the region. and went to Xidian Egemac High Voltage Electric Co., Ltd., Dayun Egyptian Locomotive Co., Ltd. Zhou Zhencheng, the embassy's official counsellor for business, attended.

Talks between Ambassador Liao Liqiang and Vice Chairman Shaban of the General Administration of the Suez Canal Economic Zone

During the meeting with Vice Chairman Shaban, Ambassador Liao Liqiang said that in recent years, under the personal planning and guidance of the two heads of state, the China-Egypt comprehensive strategic partnership has been operating at a high level and pragmatic cooperation has yielded fruitful results. As an important platform for China-Egypt investment cooperation and production capacity cooperation, the TEDA Cooperation Zone has become a flagship project for China-Egypt cooperation to jointly build the "Belt and Road", and has played an important role in promoting Egypt's economic and social development and industrial upgrading.

Ambassador Liao Liqiang said that in February this year, when President Xi Jinping met with President Sisi who went to China to attend the opening ceremony of the Beijing Winter Olympics, he emphasized that the two sides should deepen mutually beneficial cooperation and continue to promote the joint construction of the "Belt and Road" initiative and Egypt's "2030 Vision" Docking, promoting cooperation projects such as the development of the Suez Canal Corridor, and cooperating on the implementation of the global development initiative. In the next stage, China will continue to follow the important strategic consensus reached by the two heads of state as a guide and fully support the TEDA Cooperation Zone to play a greater role in promoting bilateral cooperation, serving Egypt's economic development, social and livelihood employment, and accelerating industrial transformation.

Vice Chairman Shaban said that under the personal care and guidance of President Sisi and President Xi Jinping, Egypt-China cooperation in various fields has achieved leapfrog development, and the TEDA Cooperation Zone has become a model for practical cooperation between the two countries. The General Administration of Economic Zone Management will follow the important consensus reached by the two heads of state, continue to strengthen communication and cooperation with the TEDA Cooperation Zone, actively assist the cooperation zone and enterprises in the zone to solve the difficulties and challenges encountered in production and operation, and promote the stable and healthy development of the cooperation zone.

Vice Chairman Shaban said that the Suez Canal Economic Zone has developed rapidly in recent years, with continuous improvement of infrastructure and outstanding port location advantages. It will become the most attractive special economic zone for investment in Egypt in the future. COP27 will be held in Sharm el-Sheikh in November this year, and Egypt has unprecedented opportunities to develop clean energy. The economic zone is accelerating the promotion of hydrogen energy and other green energy projects, and is very much looking forward to cooperating with China in this field.

Ambassador Liao Liqiang held a discussion with representatives of Chinese enterprises in the TEDA Cooperation Zone

During a discussion with representatives of Chinese enterprises in the park, Ambassador Liao Liqiang first conveyed the concern and care of the CPC Central Committee and the State Council for overseas Chinese institutions and employees, fully affirmed the efforts of enterprises in the region to resume work and production after the outbreak of the new coronary pneumonia epidemic, and encouraged everyone to strengthen their confidence in development. All enterprises are required to strengthen their study, operate in accordance with the law, strengthen their awareness of safety precautions, strictly implement the epidemic prevention and control regulations, consciously fulfill their social responsibilities, actively participate in public welfare activities, and become good neighbors, partners and friends of the local people. Ambassador Liao Liqiang said that the embassy will, as always, support and help enterprises invest and set up business in Egypt, and actively promote the Egyptian side to solve the difficulties encountered by enterprises in operation and production as soon as possible.

Ambassador Liao Liqiang and Zhou Zhencheng Visited Enterprises in TEDA Cooperation Zone