Investment Promotion in TEDA Cooperation Zone Opens "Summer Offensive"
Release time:
2022-06-20 00:00
Investment Promotion in TEDA Cooperation Zone Opens "Summer Offensive"
On June 15, the signing ceremony of Punalu Factory For Plastic and Wooden Products S.A.E (hereinafter referred to as "Punalu Project") to enter the expansion zone of China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as "TEDA Cooperation Zone") was solemnly held in the conference room of TEDA Cooperation Zone Investment Service Center. Song Caicen, Executive Director of Egypt's TEDA SAR Development Company, and Mr. Omar Haj Hammade and Mr. Tarek Ahmed Elsaied Khalel, Director of the Punalu Project, signed the land transfer contract on behalf of their companies at the ceremony.

The Punalu project signed this time covers an area of 20000 square meters. After the project is put into production, it will mainly produce plastic, wood and PVC boards.
At the signing ceremony, the signing representative of the Punalu project said that he had long heard of the influence of the TEDA brand and the reputation of the business environment in the TEDA cooperation zone. After several on-the-spot visits and communication with the TEDA team, he really felt that what he had heard before was true. The operation team of the TEDA cooperation zone thought what the customers thought and were anxious for the customers, and provided professional services, which further strengthened the investment confidence of Punalu company.

With the entry of the Punalu project into the zone, the agglomeration effect of the building materials industry sector in the TEDA Cooperation Zone will be further strengthened, which is of great significance to the investment promotion of the entire industry of the building materials sector in the expansion zone.
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