Xinguang Textile Settles in TEDA Cooperation Zone
Release time:
2023-09-14 00:00
On September 6, the signing ceremony of Huzhou Xinguan Textile Technology Co., Ltd. (referred to as Xinguan Project) to enter the expansion zone of China-Egypt TEDA Suez Economic and Trade Cooperation Zone (referred to as TEDA Cooperation Zone) was held in Huzhou, China. Wei Jianqing, executive director of TEDA Special Zone Development Company in Egypt, and Gao Weizhong, head of Xinguan Project, signed the land transfer contract on behalf of both companies.
The Xin Guan project signed this time plans to carry out new material technology research and development, fabric textile processing, fabric printing and dyeing processing and other related businesses in Egypt.
At the signing ceremony, Gao Weizhong, the signing representative of Xinguan Project, said that the TEDA cooperation zone team's service concept of "investors are emperors" and Egypt's broad market prospects gave its project team confidence in investment. During the field visit to Egypt, I saw with my own eyes the orderly operation and development of enterprises in the park, and strengthened the idea of taking root and building good projects in Egypt. He believes that enterprises in the future cooperation zone can seek greater development space and investment opportunities.
With the entry of the Xinguan project into the zone, the agglomeration effect of the textile industry sector in the TEDA Cooperation Zone will be further deepened, which is of great significance to the investment promotion of the expansion zone.
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