Suhao Holdings visited the Tianjin Economic-Technological Development Area (TEDA) to discuss cooperation and expansion into the African market

Release time:

2025-03-18 09:45

On March 11, local time, Zhou Yong, Chairman of Suzhou Holdings Group (referred to as Suzhou Holdings), led a delegation to visit the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (referred to as TEDA Cooperation Zone). Cao Hui, Executive Director of Egypt TEDA Zone Development Company, and Zhi Qixuan, Manager of the Investment Promotion Department of Egypt TEDA Industrial Real Estate, warmly received the delegation. Both sides held a meeting to discuss cooperation in developing the African market.

At the TEDA History Exhibition Hall on the first floor of the Investment Service Center, Cao Hui, using holographic projection sand table and electronic display boards, gave the delegation a detailed introduction to the overall situation, History, regional advantages, land status, operation status and future planning of the TEDA Cooperation Zone. Combining the "Belt and Road" initiative with Egypt's "Suez Canal Corridor" strategy and the "New Capital Economic Belt", a thorough analysis of current investment opportunities in the Egyptian market was provided.

At the meeting, Zhou Yong introduced the production and operation of Suzhou Holdings. He stated that the company, with trade and finance as its main businesses, is deeply implementing an international development strategy, actively integrating into high-quality joint construction of the "Belt and Road", focusing on the layout of the high-end textile and garment global supply chain, continuously promoting international trade cooperation in hardware and electrical machinery, automobiles, bulk commodities, and energy, cultivating and developing new cross-border e-commerce formats, and achieving good business Achievements. He hopes that through this visit, an in-depth investigation of the development prospects and layout opportunities of the textile and garment supply chain in Egypt can be carried out, strengthening the group's textile and garment trade foundation, and further exploring cooperation opportunities with the TEDA Cooperation Zone to jointly develop the Egyptian and African markets.

Cao Hui welcomed the delegation's visit. He said that Egypt has continuously optimized its investment policies in recent years, especially under the impetus of the "Suez Canal Corridor" strategy, foreign companies enjoy many preferential policies in Egypt. As an important platform for Sino-Egyptian economic and trade cooperation, the TEDA Cooperation Zone has successfully attracted many Chinese companies to settle in, forming a good industrial ecosystem. In addition, Cao Hui also introduced in detail the development status of Egypt's e-commerce platforms, financial services, and textile and garment trade, as well as the potential and opportunities in the automobile market.

Zhou Yong expressed high praise for the construction Achievements of the TEDA Cooperation Zone and stated that Suzhou Holdings and the TEDA Cooperation Zone have broad cooperation space in many fields, especially in automobile manufacturing and textile and garment trade. He hopes that both sides can further strengthen communication, promote resource sharing and business cooperation, and jointly develop the Egyptian and African markets.

After the meeting, accompanied by Zhi Qixuan, the delegation conducted on-site inspections of the starting area and expansion area plots of the cooperation zone and visited Caidie Textile and Leichu Textile, enterprises in the expansion area, to gain an in-depth understanding of their development and operation.

This visit laid a solid foundation for future cooperation between Suzhou Holdings and the TEDA Cooperation Zone. Both sides expressed that they would further strengthen communication and promote the implementation of specific cooperation projects, jointly helping Sino-Egyptian economic and trade cooperation reach new heights.

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The Tianjin Economic-Technological Development Area (TEDA) will continue to support and participate in such charitable activities, making greater contributions to promoting friendship and common development between the Chinese and Egyptian peoples. In the future, TEDA will continue to work with all parties to jointly promote the continuous development of friendly relations between China and Egypt.

Suhao Holdings visited the Tianjin Economic-Technological Development Area (TEDA) to discuss cooperation and expansion into the African market

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This visit laid a solid foundation for future cooperation between Suhao Holdings and the Tianjin Economic-Technological Development Area (TEDA). Both sides expressed their intention to further strengthen communication and promote the implementation of specific cooperation projects, jointly contributing to a new high in Sino-Egyptian economic and trade cooperation.

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