Huzhou Municipal Government Delegation Visits TEDA Cooperation Zone

Recently, a delegation from the Huzhou Municipal Government visited the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (TEDA Cooperation Zone for short). The delegation was led by Xia Jian, deputy mayor of Huzhou Municipal People's Government, Pan Ming, director of Huzhou Ecological Environment Bureau, Shi Jing, deputy director of Huzhou Agricultural and Rural Bureau, Yan Ancheng, deputy director of the Standing Committee of Huzhou Wuxing District People's Congress, and Anji County People's Government. Deputy County Mayor Guan Yongfeng, Director of the Comprehensive Division of Huzhou Ecological Environment Bureau Ni Liping and others. Cao Hui, executive director of Egypt TEDA Special Zone Development Company, Xu Qifeng, executive director of Egypt TEDA Investment Company, Zhi Qixuan, investment promotion manager of Egypt TEDA Industrial and real estate department, and Ling Weixiang, general manager of Egypt Caidie Textile Co., Ltd., warmly welcomed and received the delegation.

The delegation first visited the TEDA Cooperation Zone and listened to the introduction of the construction and development of the TEDA Cooperation Zone, the investment advantages of the park, the industrial agglomeration and the strategic upgrade plan in the TEDA History Exhibition Hall of the Comprehensive Supporting Service Center Building. Combining China's "One Belt, One Road" construction and Egypt's "Suez Canal Corridor" strategy, the delegation has a deeper understanding of the development process of Tianjin Economic and Technological Development Zone and TEDA Cooperation Zone.

Subsequently, TEDA and the delegation had an in-depth discussion. TEDA introduced the investment advantages of Egypt, the investment environment and software and hardware support of the cooperation zone, the development of enterprises in Huzhou City in the park, and the development of TEDA's overseas light assets along the "Belt and Road. TEDA said that Huzhou is known as "the home of silk, the land of fish and rice, and the land of culture". In the Song Dynasty, it was said that "Su Lake is familiar, and the world is full". At the same time, Huzhou is located in the center of the Yangtze River Delta with convenient transportation. An important transportation hub for the water town in the south of the Yangtze River. TEDA Cooperation Zone has always attached great importance to enterprises in Zhejiang Province, and Egypt Caidie Textile Co., Ltd., an enterprise in Huzhou City, is one of the star enterprises in the park. TEDA hopes to provide high-quality services for Huzhou enterprises to invest and trade in Egypt and other countries along the "Belt and Road" by actively cooperating with the Huzhou Municipal Government's work on overseas investment and trade of service enterprises.

After listening to the report of TEDA cooperation zone, vice mayor Xia firmly praised the development achievements of TEDA cooperation zone. He said that he very much admires the hard-working spirit of the development and operation personnel of the TEDA Cooperation Zone. The TEDA Cooperation Zone has laid a very good foundation for economic and trade cooperation in Egypt, and has formed very good supporting facilities and industrial clusters. It can be predicted that the future development of the TEDA Cooperation Zone is bound to be more successful. Mayor Xia is very grateful to the cooperation zone for its support and help to the Huzhou enterprises that have entered the park. The Huzhou municipal government has long been committed to serving the overseas investment of Huzhou enterprises. TEDA's valuable experience in Egypt is very important. He sincerely invites TEDA to come to Huzhou to introduce the investment environment in Egypt, the TEDA cooperation zone and the development of other countries along the "the belt and road initiative" route.

Subsequently, the representative of the enterprises in the park, Caidie Textile Ling, introduced the development of his company in the park. In response to the national "the belt and road initiative" initiative, Egypt Caidie Textile Co., Ltd. was established in 2020, mainly engaged in the production of high-grade functional green environmental protection textile fabrics. According to the geographical advantages of TEDA cooperation zone, Egypt's Caidie products are very convenient for transportation in and out of Hong Kong. The company plans to build 6 new buildings, covering an area of about 100000 square meters, and will complete the construction in three phases. The first phase of the project started construction in 2023, the introduction of world-class manufacturing equipment, through precise operation, to achieve a high standard of manufacturing level. Caidie adheres to the development strategy of "market-oriented, focusing on investment in technological transformation, and taking the development path of combining industry and trade internally and externally". Through the integration and improvement of existing industries, it accelerates technological innovation and provides customers with high-quality and reliable products and services. The company has always put "innovation, quality, integrity, service" as the purpose of the enterprise, extensive cooperation with domestic and foreign merchants, common development, to achieve the upgrading of the company's industrial structure, in order to stabilize the company's position in the domestic industry, and is committed to becoming a more competitive enterprise in the world.

Mr. Ling said that TEDA has been sharing overseas investment experience for various companies and helping companies solve various needs, which is of great help to the development of companies in Egypt. Director Pan Ming praised the steady development of Caidie in China and Egypt, and is an outstanding representative of Huzhou enterprises.

At the meeting, TEDA and the entrepreneurs accompanying the delegation answered and introduced all kinds of questions related to Egypt's import and export and investment one by one, and the atmosphere of the meeting was extremely warm. At the end of the meeting, the Huzhou Municipal Government and TEDA jointly discussed the deepening of industrial chain cooperation in the TEDA Cooperation Zone and the creation of a Huzhou Enterprise Industrial Park.

At the beginning of the New Year, the TEDA Cooperation Zone ushered in an endless stream of visitors, including the Prime Minister of Egypt, the Ministry of Commerce of China, the Shandong Provincial Economic and Trade Delegation, and the Huzhou Municipal Government Delegation. In more than 30 Sino-Egyptian political and business inspections, TEDA greeted friends from afar with warm hospitality. As the old saying goes, "It's a delight to have friends coming from afar." TEDA adheres to the principle of win-win cooperation and is committed to working with political and business resources from all walks of life at home and abroad to help the development of China-Egypt economic and trade cooperation and the construction of the "Belt and Road.

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