Media Eyes | TEDA Cooperation Zone: Incubation Services Help Chinese Enterprises Better Landing in Africa

Media Eyes | China-Egypt "the belt and road initiative" Cooperation Fruitful
Media Eyes | TEDA Cooperation Zone: Incubation Services Help Chinese Enterprises Better Landing in Africa
Source: China Trade News

Starting from the old city of Cairo, the capital of Egypt, it took more than two hours to drive to the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as the "TEDA Cooperation Zone") on the banks of the Red Sea and the Suez Canal. This project, jointly funded by Tianjin TEDA Holdings and the China-Africa Development Fund, is not only an important platform for deepening economic and trade cooperation between China and Egypt, but also a landmark project for the two countries to jointly build the "Belt and Road. As the first batch of overseas park upgrade projects, the TEDA Cooperation Zone is actively building an incubation service system, and at the same time, focusing on the requirements of the industrialization development of the cooperation zone, adopting various high-quality and efficient service methods to quickly promote the scale and strength of small and medium-sized enterprises in the zone. Enterprises take root in Egypt and achieve high-quality and rapid growth.

The entrepreneurs who have settled in the TEDA cooperation zone have one word to describe their feelings for the cooperation zone: iron! They not only incarnate the "live advertisement" walking in the circle of friends, but also praise the transportation, resources, policies, services and other advantages of TEDA cooperation zone, but also stimulate the strong interest of other enterprises in the cooperation zone by means of continuous additional investment.

On November 2, the signing ceremony for the expansion of investment concentration of the expansion zone entry project was held in the TEDA cooperation zone. Li Daixin, executive director of Egypt TEDA Special Zone Development Company, signed land transfer contracts with the heads of K & I International Co., Ltd., Egypt Golden Eagle Co., Ltd., Egypt Yuehao Optoelectronic Technology Co., Ltd. and other enterprises at the meeting site.

This signing is the first time that small and medium-sized enterprises in the expansion area have concentrated on additional investment in the TEDA cooperation zone. The three enterprises have purchased a total of 112000 square meters of land, which is not only a recognition of the TEDA cooperation zone to promote the development of the project, but also the initial investment results. It is also the best embodiment of deepening cooperation with TEDA cooperation zone and running out of development acceleration.

The person in charge of the K & I company said that he was deeply impressed by the high-quality business environment of the TEDA Cooperation Zone, and also expressed his gratitude to the various departments of the park for their efficient services. As an old customer who settled in the SME Incubation Park in the TEDA Cooperation Zone in 2018, in just over 4 years, it has achieved a three-level development from plant leasing to land purchase and establishment of factories to capital increase and production expansion, and business orders have been substantial year by year. increase. "This is absolutely inseparable from the support and help of the TEDA Cooperation Zone. The one-stop service provided by the TEDA Cooperation Zone is reliable!".

"During the epidemic, overseas enterprises faced various difficulties in resuming work and production, regardless of how difficult the problems encountered, TEDA people would find ways to solve them. Now, the TEDA Cooperation Zone Bonded Warehouse Project has opened up the Sino-Egyptian logistics and economic double-cycle channel to help us tide over the difficulties. Under the influence of the global epidemic, we are still able to keep our full staff working, and we really thank the TEDA Cooperation Zone." The person in charge of Golden Eagle said that since entering the TEDA Cooperation Zone for the first time in 2020, thanks to the perfect park facilities, high quality park environment and high-quality investment services in the TEDA Cooperation Zone, it has not only effectively reduced the investment cost of enterprises, but also more effectively coordinated and solved the difficulties and problems encountered in the project, so as to ensure that the project takes root in Egypt smoothly.

It has been only 7 months since Egypt Yuehao Optoelectronics Company settled in the TEDA Cooperation Zone, and this signing has also set a record for the speed of expansion of enterprises in the TEDA Cooperation Zone. "We can't find the nearby building materials and ask TEDA for help. If we encounter difficulties in logistics and transportation, we will find TEDA for help. In short, if there are any difficulties, we will find TEDA cooperation zone as soon as possible." The person in charge of the company said that Yuehao's development in Egypt has received a lot of support and help from the TEDA Cooperation Zone. The next step is to work with the cooperation zone to expand the field of cooperation, continue to grow bigger and stronger, and contribute to the high-quality development of the cooperation zone.

This is just a microcosm of the development of small and medium-sized enterprises in TEDA cooperation zone. The TEDA Cooperation Zone has always been committed to creating a world-class business environment, providing intimate "one-stop" comprehensive services for enterprises in the zone, helping enterprises continue to take root in Egypt, and bringing more innovative products and services to the market. It is precisely because of this that the connection between the TEDA Cooperation Zone and enterprises can surpass the "garden-enterprise" relationship in the general sense, so as to develop richer and far-reaching cooperation and create a win-win situation and multi-dimensional value.

At present, the TEDA Cooperation Zone has become an industrial park with the best comprehensive environment, the largest investment density, the highest unit output, and the densest concentration of Chinese-funded enterprises in Egypt. At the same time, the development experience of the cooperation zone has also contributed Chinese experience and Chinese experience to the economic development of the host country. wisdom. Egyptian President Sisi praised the TEDA Cooperation Zone as the most successful project in the Suez Canal Economic Corridor and a model of economic and trade cooperation between China and Egypt. Former Prime Minister Issam Sharaf also mentioned in the "China in the Eyes of Egyptians" series of lectures: "The China-Egypt TEDA Suez Economic and Trade Cooperation Zone has injected infinite vitality into local economic and social development. Egypt should learn from China's reform and opening up. Since the development ideas, promote the rapid development of the Red Sea coastal economic zone, and strive to achieve the'Shenzhen'-style development miracle."