Ahmed Darwish China Largest Investor In Egypt's Suez Canal ZoneSource: www.export-egypt.com 3/18/2017, Location: Africa |
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China is the largest investor in the development of Egypt's Suez Canal Corridor, said Ahmed Darwish, the Chairman of the Suez Canal Economic Zone (SCZone), in an interview with Xinhua news agency.
China's TEDA corporation, one of the oldest industrial developers of the region, has seen a steady increase in the number of its development projects and factories since it entered Egypt and established a joint Suez Economic and Trade Cooperation Zone, in Ain Sokhna.. "Currently, the Chinese investments are the largest. We highly appreciate the earnestness of our Chinese partners. . They were among the first to act as an industrial developer in the zone," the SCZone chief told Xinhua. "TEDA has put in place the micro-infrastructure and is re-promoting the land. They are doing an excellent job." |
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