Good News Again-Wensheng Bonded Warehouse Project Enters TEDA Cooperation Zone

Release time:

2021-09-13 00:00

On September 9, local time, the signing ceremony of the bonded warehouse project of Egypt Wensheng Co., Ltd. (hereinafter referred to as "Wensheng Company") in the expansion zone of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as "TEDA Cooperation Zone") was held in the TEDA Cooperation Zone The conference room was grandly held. Li Daixin, executive director of Egypt's TEDA Special Zone Development Company, and Li Wen, general manager of Wensheng Company, signed the land transfer contract at the ceremony on behalf of both companies.

The project signed this time is an overseas warehouse project set up by Wensheng Company in response to the "the belt and road initiative" initiative and relying on the location and policy advantages of TEDA Cooperation Zone to build a bridgehead for Chinese products to be sold to the mainstream markets of Eurasian and African countries. The project covers an area of 5000 ㎡, and plans to build a 2000 ㎡ bonded warehouse and a 1000 ㎡ exhibition hall. After the project is completed, it can provide Chinese enterprises with bonded storage, commodity display, customer development, order negotiation, commodity sales, payment recovery and other services.

Under the two strategic backgrounds of "One Belt, One Road" and "Double Cycle", the TEDA Cooperation Zone uses the Egyptian cross-border commodity distribution and distribution center as a starting point to integrate industry with bonded warehousing and trade logistics to build an international marketing service platform. While close trade ties between China and Egypt, it also speeds up the flow of production factors at home and abroad, which can better serve the development of the two markets.

With the entry of the bonded warehouse project of Wensheng Company, the trade and logistics functions of the TEDA Cooperation Zone have become more complete, which is of great significance for expanding the investment promotion of the international marketing service platform.

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