The Ted Royal Logistics Public Bonded Warehouse has broken ground in the TEDA Cooperation Zone.
Release time:
2025-02-02 16:54
Recently, the groundbreaking ceremony for the Ted Royal Logistics Public Bonded Warehouse was successfully held in the China-Egypt Ted Suez Economic and Trade Cooperation Zone (Ted Cooperation Zone) expansion area. Li Daixin, Chairman of China-Africa Ted Investment Co., Ltd., Cao Hui, Executive Director of Egypt Ted Special Zone Development Company, Xu Qifeng, Executive Director of Egypt Ted Investment Company, Li Jian, Manager of the Commercial Real Estate Department of Egypt Ted, and Hu Bo, Chairman of Ted Royal Logistics Co., Ltd. attended the event.
The Ted Royal Logistics Bonded Warehouse project will cover an area of approximately 30,000 square meters upon completion, with the warehouse and extension area being about 8,000 square meters, and the outdoor container and general cargo yard approximately 20,000 square meters. The project will mainly undertake the collection, distribution, storage, transshipment, and customs clearance of goods for Chinese and other foreign enterprises.
The construction of Ted Royal Logistics in the Ted Cooperation Zone demonstrates the company's long-term strategic planning and full confidence in Egypt's future development. This move is also of great significance for the development of commercial real estate in the Ted Cooperation Zone, further improving the role of the international trade logistics hub for cross-border goods distribution center between China and Egypt, thereby promoting the economic development of the entire Suez Canal Economic Zone.
As the most important component of the Suez Canal Economic Zone, the Ted Cooperation Zone has outstanding advantages such as proximity to Suhana Port, convenient transportation, and complete supporting facilities, making it a "must-occupy place" for many logistics companies. Moreover, the Ted Cooperation Zone has been continuously promoting park upgrades and infrastructure improvements, providing a continuously optimized development environment for the growth of logistics companies. In the future, the Ted Cooperation Zone will fully utilize its special status of "bonded area outside the customs" and bonded policies to open up cooperation paths for Chinese enterprises' "product pre-positioning," and attempt to build a trade self-circulation system between the eastern coastal ports of China and the Ted Cooperation Zone through "port area linkage," exploring the deep development of the industrial chain for Chinese enterprises' overseas layout to improve "Chinese standards" and "capacity output," providing trade pioneering experience and models for many domestic and foreign enterprises going global.
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