What treasure land? Attract the Egyptian prime minister to punch in four times!

"The successful settlement of the (Xinxing Cast Pipe Egypt) project in the TEDA Cooperation Zone is of great significance in promoting the development of Egypt's industrialization ...... The TEDA Cooperation Zone has become a model for China-Egypt cooperation and a model for China's foreign investment, which has played a huge role in promoting and helping economic growth in the Middle East and Africa. I congratulate TEDA on its achievements." This spring, Egyptian Prime Minister Mustafa Madbouli (Mostafa Madbouly) attended the ceremony and personally witnessed the signing of a land purchase agreement between Xinxing Casting Pipe Co., Ltd. and the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (TEDA Cooperation Zone). Said so.

As an "old friend" who "clked in" the TEDA cooperation zone four times during the previous term of office and knew the cooperation zone well, Prime Minister Madubli's evaluation was sincere and pertinent.

The relationship between the TEDA Cooperation Zone and Madabli can be traced back to the beginning of his first prime minister.

At the beginning of 2019, in accordance with the "practice" of previous prime ministers, Prime Minister Madbouli, who took office shortly after taking office, personally led the Chairman of the General Administration of the Suez Canal Economic Zone (General Administration of the Special Administrative Region), the Minister of Investment and National Cooperation, the Minister of Transport, and the Governor of Suez Province. The governor of Ismaria, the governor of Port Said and other senior Egyptian government officials visited the TEDA cooperation zone. At the beginning of this meeting, the industrial park with the best comprehensive environment, the highest investment density, the highest unit output and the densest concentration of Chinese enterprises in Egypt left a deep impression on Madbouli: numerous factories, shady trees, spacious and clean streets, in sharp contrast to the surrounding areas; Water park, TEDA SWISS INN four-star hotel, and TEDA FUN VALLEY, Egypt's first dinosaur theme park, surprised him.

Madbuli said that the purpose of this trip is not only to have an in-depth understanding of the development of the TEDA cooperation zone, but also to listen to TEDA's suggestions to accelerate the construction of the cooperation zone expansion zone, give full play to the role of the economic and trade cooperation platform between the two countries, and promote the common development of the Suez Canal region. He also said that the Egyptian government will, as always, provide strong support for the TEDA cooperation zone and promote the further development of the TEDA cooperation zone.

On June 5, 2021, Madbouli once again visited the TEDA Cooperation Zone, focusing on the sewage treatment plant project that has just been completed and put into use. During the period, Prime Minister Madbouli highly praised the rigor of the TEDA Development Park, the professionalism of the construction project, and the compliance with Egyptian laws and the standardization of the SAR regulations during the implementation of the project. He stressed that the TEDA cooperation zone is an ideal model for the development of Egyptian industrial parks and is worth learning from other parks.

On March 16, 2023, Prime Minister Madbouli led the chairman, vice chairman and other senior officials of the General Administration of the special zone to visit the TEDA cooperation zone for the third time. On behalf of the enterprises and employees of the park, the project leader of the cooperation zone expressed high respect and warm welcome to the Prime Minister's visit, introduced to the Prime Minister the good development of TEDA in Egypt and the planning and development of the TEDA Cooperation Zone expansion area, and expressed his heartfelt thanks to Prime Minister Madbli for his support to the development of the TEDA Cooperation Zone since he took office. Prime Minister Madbouli highly affirmed the development status of the TEDA Cooperation Zone. He expressed full confidence in the future of the TEDA Cooperation Zone, and he will give maximum support in the process of upgrading the TEDA Cooperation Zone, so as to help China-Egypt economic and trade cooperation advance in depth and create a high-quality joint construction of the "Belt and Road". New benchmark.

On the same day, Madbouli visited the representative enterprises of Hengtong, Midea, Pan Ocean and Jushi in the TEDA cooperation zone. The premier fully affirmed the enterprises entering the cooperation zone to promote the localization of modern industries and help the local economy and employment. At a press conference held after the visit, he stressed that the fine products produced in the TEDA cooperation zone have changed the situation that Egypt needed to import completely. They not only meet the needs of the local market, but also can be used for export to earn foreign exchange. This is the result of the Egyptian government's efforts to encourage foreign investment. He also pointed out that these enterprises are proud to provide products for the "Decent Living" project initiated by President Sisi.

On January 11, 2024, the TEDA Cooperation Zone welcomed the fourth visit of Prime Minister Madbouli. The entourage included the Chairman of the General Directorate of the SAR and the heads of various departments of the Egyptian Government. The Premier visited the Xiamen Yanjiang Egypt Project and inspected the Valley Electronics Factory, a local Egyptian enterprise Silicon.

After the visit, Prime Minister Madabli affirmed the development achievements and construction progress of the TEDA Cooperation Zone, and appreciated the vigorous development of enterprises entering the zone to make the TEDA Cooperation Zone full of vitality. His statement largely answered the reasons for his repeated visits to the TEDA cooperation zone: since the establishment of the comprehensive strategic partnership between Egypt and China, the two countries have frequent high-level exchanges and deepening cooperation in various fields, which has brought tangible benefits to the two peoples. Egypt is willing to learn from China's development experience and welcomes more Chinese enterprises to participate in Egypt's national construction. The TEDA Cooperation Zone is the leading model project in the friendly cooperation projects between Egypt and China. It is hoped that the cooperation zone will give full play to its role as a platform for economic and trade cooperation between the two countries, promote the common development of the Suez Canal area, and strive for greater economic and social benefits. The Egyptian government will, as always, provide strong support for the TEDA cooperation zone and promote the further development of the TEDA cooperation zone.

On July 3, 2024, Madbouli was sworn in as the new Prime Minister of Egypt's new cabinet in Cairo. What kind of good news will this old friend of the TEDA Cooperation Zone bring to the Cooperation Zone in his new term? We will wait and see.

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