Central African investment
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Egyptian Prime Minister: The Teda Cooperation Zone Has Achieved Abundant Results
Under the leadership of President Sisi and President Xi Jinping, the two countries established a comprehensive strategic partnership in 2014, and bilateral cooperation has made substantial progress.
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This serves as a model of China–Egypt friendly cooperation, creating jobs and increasing incomes for tens of thousands of people while ensuring family stability. In the future, it will drive industrial development not only in the Suez region but throughout Egypt, enabling the fruits of China–Egypt cooperation to benefit an even wider population.
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Media Spotlight | Chinese and Egyptian Youth Build Their Future Through Technological Exchanges
While helping Egypt achieve a manufacturing upgrade, Chinese enterprises have also cultivated a large pool of skilled professionals who are well-equipped to meet the demands of Egypt’s future industrial development.
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With the full implementation of China’s zero-tariff policy for its 52 diplomatic partners in Africa, the Teda Cooperation Zone will see its locational advantages and policy benefits further unlocked, paving the way to attract more Chinese manufacturing enterprises to establish and expand their operations in Ethiopia.
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Going forward, the TEDA Cooperation Zone will take this inspection and symposium as an opportunity to steadily advance the rectification of safety hazards and targeted remediation efforts, strengthen guidance and oversight of key industries and critical links, and ensure that enterprises earnestly fulfill their primary responsibility for workplace safety.
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Prime Minister Madbouly has personally visited the TEDA Cooperation Zone nine times—a frequency that is exceedingly rare among economic and trade cooperation zones in Egypt and throughout the Middle East and Africa. This latest visit, dedicated to the simultaneous inauguration of six major projects, underscores once again the zone’s comprehensive endorsement at the highest Egyptian government level in such fields as high-end manufacturing and green circular economy.
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