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.
埃及苏伊士经贸合作区
埃及苏伊士经贸合作区是中国政府批准的第二批国家级境外经贸合作区，是集中了国家级资源开发建设的重点境外经贸合作区，始建于2008年，由“中非泰达投资股份有限公司”实施运营。合作区位于苏伊士湾西北经济区内,地处亚、非、欧三大洲交界的金三角地带，起步区面积1.34平方公里，目前累计投资约1亿美元，已基本开发完成。截至2015年底，苏伊士合作区起步区共有企业68家，其中生产型企业达到了33家（含中资成分投资企业29家），另有生产、生活配套型企业35家。合作区累计吸引协议投资额超过9亿美元，现已初步形成了以宏华钻机和国际钻井材料制造公司为龙头的石油装备产业园区、以西电-EGEMAC高压设备公司为龙头的高低压电器产业园区、以中纺机无纺布为龙头的纺织服装产业园区、以巨石玻璃纤维公司为龙头的新型建材产业园区，以及以牧羊仓储公司为龙头的机械制造类产业园区在内的五大产业布局，并带动上、下游产业入区，快速形成产业集群效应。2014年9月，中埃双方签订了合作区扩展区项目，扩展区面积6平方公里，将分三期开发，开发建设总投资约2.3亿美元，根据扩展区建设开发规划，建成后的区域将吸引大约150－180家企业入驻，可以为埃及创造1万多个就业机会。2015年11月30日，中国泰达投资公司与埃方签署《苏伊士经贸合作区扩展区一期土地移交协议》，从埃方接受了一期2平方公里的土地。2016年1月习近平主席访问埃及期间，与塞西总统共同为扩展区揭牌。在埃及“苏伊士运河走廊开发计划”和共建“一带一路”倡议的推动下，合作区持续发展，在红海之滨的荒滩上建起一座现代化产业新城，成为中埃合作的重要成果。
