Egypt Suez Economic and Trade Cooperation Zone

The Suez Economic and Trade Cooperation Zone is one of the second batch of state-level overseas economic and trade cooperation zones created under the auspices of the Chinese government. It is a key cooperation zone to be built with China's best resources. Construction started in 2008, and China-Africa TEDA Investment Co. Ltd. is the entity for the development.

Located in Egypt's Northwest Gulf of Suez Economic Zone in the triangle between Asia, Africa and Europe, the starting area covers 1.34 square kilometers. The initial development has been completed, with about US$900 million of investment.

By the end of 2015, 68 enterprises had settled in the starting area, including 33 manufacturing enterprises (29 Chinese-funded) and 35 service companies. It has absorbed US$900 million of agreed investment. There are five industrial parks for different businesses: petroleum equipment manufacturing (Honghua Group), high and low voltage electric equipment (XD-EGEMAC High Voltage Electric Equipment Co.), textile and garments (China Textile Machinery Non-woven Fabrics Co.), new building materials (China Jushi fiberglass), and machinery manufacturing (Muyang Storage Engineering). Upstream and downstream industries have been attracted to produce cluster effects.

In September 2014, China and Egypt agreed to expand the zone by 6 square kilometers, which will be developed in three phases with a total investment of UD$230 million. The expanded zone will accommodate 150-180 residential enterprises, and create more than 10,000 jobs for the Egyptians. On November 30, 2015, China's TEDA Investment Co. signed a land transfer agreement, by which it received two square kilometers of land from the Egyptian side. During his visit to Egypt, Chinese President Xi Jinping unveiled the expansion zone together with Egyptian President Abdel Fattah al-Sisi.

Promoted by the Egyptian Suez Canal Corridor Development Plan and the Belt and Road Initiative, a modern industrial city is blossoming on the barren beach by the Red Sea, showcasing Sino-Egyptian cooperation.

埃及蘇伊士經貿合作區

埃及蘇伊士經貿合作區是中國政府批準的第二批國家級境外經貿合作區，是集中了國家級資源開發建設的重點境外經貿合作區，始建于2008年，由“中非泰達投資股份有限公司”實施運營。合作區位于蘇伊士灣西北經濟區內,地處亞、非、歐三大洲交界的金三角地帶，起步區面積1.34平方公里，目前累計投資約1億美元，已基本開發完成。截至2015年底，蘇伊士合作區起步區共有企業68家，其中生產型企業達到了33家（含中資成分投資企業29家），另有生產、生活配套型企業35家。合作區累計吸引協議投資額超過9億美元，現已初步形成了以宏華鉆機和國際鉆井材料制造公司為龍頭的石油裝備產業園區、以西電-EGEMAC高壓設備公司為龍頭的高低壓電器產業園區、以中紡機無紡布為龍頭的紡織服裝產業園區、以巨石玻璃纖維公司為龍頭的新型建材產業園區，以及以牧羊倉儲公司為龍頭的機械制造類產業園區在內的五大產業布局，并帶動上、下游產業入區，快速形成產業集群效應。2014年9月，中埃雙方簽訂了合作區擴展區項目，擴展區面積6平方公里，將分三期開發，開發建設總投資約2.3億美元，根據擴展區建設開發規劃，建成后的區域將吸引大約150－180家企業入駐，可以為埃及創造1萬多個就業機會。2015年11月30日，中國泰達投資公司與埃方簽署《蘇伊士經貿合作區擴展區一期土地移交協議》，從埃方接受了一期2平方公里的土地。2016年1月習近平主席訪問埃及期間，與塞西總統共同為擴展區揭牌。在埃及“蘇伊士運河走廊開發計劃”和共建“一帶一路”倡議的推動下，合作區持續發展，在紅海之濱的荒灘上建起一座現代化產業新城，成為中埃合作的重要成果。