How hot is the economic and trade cooperation between China and Egypt by the 'hot spring'
In the city of Suhena Spring on the Red Sea coast of Egypt, the Sino Egyptian Teda Suez Economic and Trade Cooperation Zone (Teda Cooperation Zone) is lined with factories and trucks loaded with containers shuttle by. Suhena Spring, meaning "hot spring" in Arabic; Nowadays, China Egypt economic and trade cooperation is like a gushing spring, steaming hot.
Vena, the management director of the Teda Special Zone Development Company in Egypt, has been working in the cooperation zone for many years. She told reporters that since its unveiling on January 21, 2016, the construction of the Taida Cooperation Zone Expansion Zone has steadily gone through ten years. In 2024, more than 300 domestic and foreign business delegations were received here. By 2025, this number will increase to over 500, including delegations from Arab countries, Russia, Uzbekistan, and other places
Weina said, "This reflects the positive attitude of foreign enterprises and is of great significance to the cooperation between Egypt and China
As a key project for China and Egypt to jointly build the "the Belt and Road", as of the end of 2025, the TEDA Cooperation Zone has attracted nearly 200 enterprises to settle in, attracted more than 3.8 billion dollars of investment, and directly created about 10000 local jobs.
When I first came here, it was still a desert and it was difficult to buy a bottle of water, but now it's completely different. My children often want to come with me to 'work' because there is a great amusement park in the park, "Ahmed Baki, 42, the construction manager of the Teda Special Zone Development Company in Egypt, told reporters.
At present, the TEDA Cooperation Zone has formed leading industrial clusters covering bonded logistics, new building materials, petroleum equipment, high and low voltage equipment, machinery manufacturing, textiles, chemicals, new energy, white goods and other fields.
In the dishwasher production workshop of Midea Egypt Kitchen and Water Heater Co., Ltd. in the park, Egyptian employees are skillfully assembling dishwashers. Yang Yang, the Minister of Operations and Human Resources of the company, introduced to reporters that this is Egypt's first intelligent dishwasher production line. Since achieving mass production in 2023, the annual production capacity has now reached 350000 units, and 80% of the product export target has been achieved. Nowadays, the TEDA Cooperation Zone has become an important platform for economic and trade cooperation between Egypt and China
The TEDA Cooperation Zone has attracted a large number of world-class enterprises to settle in: Giant Stone Egypt Fiberglass Co., Ltd. has helped Egypt become a world leading producer of fiberglass; Xidian EGEMAC High Voltage Electrical Co., Ltd. has achieved localized manufacturing of high-voltage electrical equipment. These enterprises have filled the technological gap in Egypt's related fields, and their products are being sold to the global market, enhancing Egypt's ability to generate foreign exchange through exports.
Nahra Imad, CEO of the Teda Development Company in Egypt, frankly stated that the introduction of the Chinese industrial park model concept, strong support from the Egyptian government, and continuous communication and mutual respect between the two sides in practice have jointly nurtured a corporate culture centered on cooperation.
I am deeply proud of the development of the Teda Cooperation Zone, from the initial two or three enterprises to the current industrial cluster. It is a vivid reflection of the continuous deepening of Egypt China relations and the high level of mutual trust and cooperation between the two governments, "said Nahra.
At the end of the interview, the sunset sank into the distant mountains, and the lights in the park gradually lit up. From a former desert to a modern industrial hub today, this emerging park by the Suhena Spring is showing more possibilities.