Create a brilliant, a new journey: Jasmine Industrial in the TEDA cooperation zone to expand and reinvest.
Release time:
2024-03-26 15:22
Recently, at a grand signing ceremony held by Egypt's TEDA Investment Company, Jasmine Industrial Investment Co., Ltd. (referred to as Jasmine Industrial) symbolically opened its land acquisition and reinvestment plan in the expansion zone of the China-Egypt TEDA Suez Cooperation Zone (referred to as TEDA Cooperation Zone). Dong Xianhui, chairman of Jasmine Industry, Cao Hui, executive director of Egypt TEDA Special Zone Development Company, Xu Qifeng, executive director of Egypt TEDA Investment Company, Nahla, executive president of Aitai Special Zone Development Company, and Tian Dan, investment promotion manager, witnessed this historical moment.
As a leading enterprise specializing in the processing of bedding, carpets and clothing fabrics, Jasmine Industry settled in the starting area of TEDA Cooperation Zone in 2010 and has been deeply cultivated in Egypt for more than ten years. It has become a star enterprise and loyal customer of the park. For more than ten years, the company has continuously expanded its business scope, increased production capacity, and witnessed each other's growth and success with TEDA cooperation zone. In 2024, as the TEDA Cooperation Zone enters a new stage of development, Jasmine Industries has also shown strong confidence and determination to purchase land, build new factories, and add production lines in the expansion area to further enhance production capacity. Relying on the park's excellent export policy and rich logistics port resources, Jasmine Industry will further develop a wider range of international markets in Africa, the Middle East, and Asia on the basis of the Egyptian local market.
The expansion and reinvestment of Jasmine Industry in the TEDA Cooperation Zone is not only a wise choice based on its own steady development and future vision, but also a firm confidence in the concept of common growth and mutual benefit and win-win under the background of the continuous improvement of supporting facilities and service levels in the park. This reinvestment will accelerate the capacity expansion and market expansion of Jasmine Industry, and will also bring more employment opportunities to the TEDA Cooperation Zone, promote local economic development, and help China-Egypt economic and trade cooperation. The relationship between Jasmine and TEDA is an overseas story about bravely pursuing dreams, continuous innovation, and creating the future together. The two sides are working together to write a new chapter of win-win cooperation.
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