Commercial Real Estate Gravity Doubles: Egypt's Total Logistics Enters TEDA Cooperation Zone
Release time:
2021-09-22 00:00
Commercial Real Estate Gravity Doubles: Egypt's Total Logistics Enters TEDA Cooperation Zone
? On September 15, the signing ceremony of Egypt Total Logistics Service Company (hereinafter referred to as "Total Logistics Company") entering the expansion zone of China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as "TEDA Cooperation Zone") was held in the conference room of TEDA Cooperation Zone. Li Daixin, Executive Director of Egypt's TEDA Special Administrative Region Development Company (hereinafter referred to as "Special Administrative Region Development Company"), and Mr. Useri Nas Shanuda Hariri, General Manager of Total Logistics Company, signed the land transfer contract at the ceremony on behalf of both companies.
The land involved in this contract will be used for the construction of a second-hand car project, which covers an area of 10000 square meters and is mainly used for the business activities of Total Logistics's second-hand car business and third-party storage business.
At the project signing site, the project team of Total Logistics Company once again highly recognized the existing work achievements of TEDA Cooperation Zone and the future development plan of used car business. The high-quality business environment provided by TEDA Cooperation Zone for enterprises has given them confidence in project investment and future business development.
After the project is settled in the expansion area, it will effectively promote the improvement of the regional economic level and increase employment, expand the agglomeration and development of the second-hand automobile industry in the region, and will also provide a demonstration for other second-hand automobile enterprises that are willing to enter the park. encourage them to expand their business scale and investment scope.
In the future, the TEDA Cooperation Zone will continue to use the second-hand car business as a starting point to build an international second-hand car and parts distribution center, attracting international suppliers, logistics companies, sellers, operators, and supply chain platforms to fully enter the cooperation zone platform. At the same time, to carry out re export trade to the Middle East, Africa and other regions, we can make full use of its geographical location, existing routes, goods transit and other conditions, lay a good trade foundation for the global distribution of second-hand cars to the Middle East and Africa market, and improve the status of TEDA cooperation zone in the international second-hand car export trade.
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