Help development
The US $10 billion equity financing of the China-Africa Development Fund, through equity investment and consulting services, plays the role of a partnership propeller, adding new financing channels for Chinese companies that are interested in overseas investment and development but are short of funds.
The China Development Bank issued a special national loan of US $1 billion to non-small and medium-sized enterprises to support and help the healthy development of the TEDA cooperation zone and enterprises entering the zone.
In order to support the implementation of the "Belt and Road" construction, my country initiated the US $40 billion "Silk Road Fund" and the "Asian Infrastructure Investment Bank" to provide financing support for the "Belt and Road", and in 2017 to the "Silk Road Fund" New capital of 100 billion yuan.
Make overseas investment more secure
Companies, enterprises and their branches in the Suez Canal Special Economic Zone shall be exempted from customs duties, sales tax and all other taxes and fees for the import of various materials and equipment necessary for operation, and may directly handle various import and export business on their own without the need for import and export registration and license.
Enterprises stationed in TEDA Cooperation Zone enjoy a 50% reduction in investment costs
In June 2017, Egyptian President Sisi formally signed a decree promulgating the new Investment Law No. 72 of 2017. In October 201, the implementation regulations supporting the new Investment Law were officially promulgated. Under the new Investment Law. The Suez Canal Special Economic Zone is classified as a Class A area and enjoys a preferential policy of 50% reduction in investment costs. The tax reduction period shall not exceed 7 years from the date of commencement of operation."
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