Egyptian Mayak Company Signed to Enter TEDA Cooperation Zone

Release time:

2019-06-21 00:00

On June 11, 2019, the Egyptian Mayak Industrial and Commercial Agency Company (hereinafter referred to as "Egyptian Mayak Company") signed a contract to enter the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as "TEDA Cooperation Zone").

The project covers an area of 8500 square meters and is mainly used for material processing, building materials manufacturing and other businesses. It is expected to complete the construction and start production within 4 years.

After more than ten years of development, the TEDA Cooperation Zone has become a demonstration platform for international economic and trade cooperation. Not only Chinese companies, but well-known companies from Egypt and other countries in the world have also gathered and developed in the zone to expand the global market.

Investment Opportunities in Egypt's Steel Industry

Goods and services in the Suez Special Economic Zone where the TEDA Cooperation Zone is located are exempt from VAT.

Investment Opportunities in Egypt's Steel Industry

Goods and services in the Suez Special Economic Zone where the TEDA Cooperation Zone is located are exempt from VAT.

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