Teng Fei, Secretary of the Party Committee and General Manager of Teda Industrial, led a delegation to visit the China-Africa Development Fund.
Release time:
2025-12-13 16:19
On December 5, Teng Fei, Party Secretary and General Manager of TEDA Industrial Group, led a delegation to visit the China-Africa Development Fund Co., Ltd. (hereinafter referred to as the China-Africa Development Fund), where they held a symposium with Ma Li, Vice Chairman and President of the China-Africa Development Fund. The two sides engaged in an in-depth exchange on issues such as supporting the upgrading and high-quality development of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as the TEDA Cooperation Zone).
Teng Fei first expressed his gratitude for the long-term strong support provided by the Tianjin Branch of the China Development Bank to Teda Industrial Group. He also expressed his hope that, with the support of the China-Africa Development Fund, both sides will further deepen their strategic cooperation, jointly explore more high-quality projects in the Teda Cooperation Zone, expand new avenues for development, and jointly draw up a new blueprint for cooperation.
Teng Fei provided detailed updates on his recent trip to Egypt, including his participation in the China-Egypt Investment Forum, visits to the TEDA Cooperation Zone and meetings with key enterprises located within the zone, as well as his attendance at the 5th Meeting of the Intergovernmental Coordination Committee of the TEDA Cooperation Zone. He pointed out that the China-Africa TEDA Cooperation Zone actively embraces the Belt and Road Initiative, seizing the momentum of industrial transfer and enterprises going global, and is committed to constructing and operating the TEDA Cooperation Zone to high standards. Currently, the Cooperation Zone has become an important platform for China-Egypt economic and trade cooperation and a landmark project under the Belt and Road Initiative.
In addition, Teng Fei also shared details about his meetings with several financial institutions during his visit to Hong Kong in early December, expressing his hope that through the “Tianjin-Hong Kong Non-Linked Cooperation” initiative, Hong Kong’s financial capital could be encouraged to collaborate with key leading enterprises in the China-Africa TEDA Cooperation Zone.
President Ma Li reviewed her experience working in Tianjin, noting that as a policy bank, the China Development Bank has maintained close cooperation with Teda Holdings and Teda Industrial, achieving fruitful results along the way. As China’s first equity fund focused exclusively on investment in Africa, the China-Africa Development Fund has been partnering with Teda Holdings since 2008 to establish a joint venture and participate in investments within the Teda Cooperation Zone. She stated that Egypt, as a pivotal country along the Belt and Road Initiative, is a key focus of the China-Africa Development Fund, and the fund has already invested in and is actively pursuing numerous projects there. Moving forward, she expressed her willingness to continue collaborating closely with Teda Industrial Group to further promote the steady development of the Teda Cooperation Zone.
During the symposium, both sides engaged in an in-depth exchange on specific cooperation initiatives to be advanced in the next phase. Key officials from Sino-African Teda attended the symposium.
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2025-12-13
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