The management personnel are tirelessly receiving batches of guests who come for investment inspections; Inside the factory, workers were busy around the buzzing machines; In the newly completed workshop, the staff are debugging the equipment that has arrived from China; In the vast desert, the enclosed land indicates that a new factory is about to emerge... Recently, Xinhua News Agency reporters saw a vibrant scene in the China Egypt Teda Suez Economic and Trade Cooperation Zone (hereinafter referred to as the "Teda Cooperation Zone", located in Suez Province, Egypt) jointly built by China and Egypt.

"China's initiative to jointly build the the Belt and Road is highly consistent with the development goals of Egypt's' 2030 Vision for Sustainable Development ', which is the general background for the vigorous development of Egypt China production capacity cooperation." Walid Jamal al Din, president of the General Administration of Egypt's Suez Canal Economic Zone, told reporters.

We received 350 groups last year, and this year's popularity is even greater than last year. On the busiest day, we received 14 groups of guests, "said Gao Zhan, the manager of the investment promotion department of the Egyptian Teda Special Zone Development Company, the park management." The current situation has exceeded our expectations

Basically, there are inspection teams coming every day, and during busy times, we have to receive three or four groups a day, "said Zhang Lifang, Executive Vice General Manager of Egypt Caidie Textile Co., Ltd. The reporter learned that since last year, the TEDA Cooperation Zone has experienced a peak in enterprise settlement and investment inspections. As of now, the TEDA Cooperation Zone has attracted a total of 185 enterprises to settle in, with an investment of about 3 billion US dollars and cumulative sales exceeding 5.3 billion US dollars. From the perspective of enterprise size, small and medium-sized private enterprises were originally the majority. In recent years, large-scale projects of listed companies have shown explosive growth, with 8 industry leading projects landing last year alone. From the perspective of decision-making cycle, some projects in the past took up to 5 years from investigation to landing, while the fastest decision-making project last year took only 1 month from the beginning to signing and buying land, "said Cao Hui, Executive Director of Teda Special Zone Development Company in Egypt.

Not only has the decision-making cycle been shortened, but the speed of project construction is also getting faster. In early May of this year, the Egypt factory of Xinxing Cast Pipe Co., Ltd., which had been under construction for a year, was officially put into operation. Ma Ye, Vice Chairman of Xinxing Cast Pipe (Egypt) Co., Ltd., revealed that from the beginning of production, they had already received orders from countries such as Egypt and Algeria. Early settled enterprises are also constantly expanding their scale. Our first phase project covers an area of 60000 square meters, and later we invested the profits from the first phase project into the second phase project of 160000 square meters, "said Wang Hongxiang, chairman of Egypt's Pan Ocean Lechu Textile Printing and Dyeing Co., Ltd., which produces blankets.

The TEDA Cooperation Zone also provides high-quality services for enterprises to settle down and take root. Jia Meiledin introduced that the cooperation zone not only successfully introduced Chinese investors, but also acted as a "go between" for communication between China and Egypt, helping both sides prevent possible problems. Cao Hui proudly talked about the future plan of the cooperation zone: currently, all 7.34 square kilometers of land in the cooperation zone have been sold out, and they are in talks with the General Administration of the Suez Canal Economic Zone in Egypt to expand by another 3 square kilometers. The target enterprises in the new area have also been basically locked in. The Teda Cooperation Zone has brought a large amount of Chinese investment and enterprises to Egypt, as well as professional knowledge, technology, and equipment urgently needed for the development of industrial zones, helping Egypt fill some industrial gaps, "said Majid Munir, editor in chief of the Egyptian newspaper Pyramid

In addition, according to statistics, the park has created employment opportunities for about 10000 people in the local area. In the eyes of many Egyptians, this is a place to fulfill their dreams. Dina Mahmoud Hassan, Deputy Manager of the Planning and Logistics Department of Giant Stone Egypt Fiberglass Co., Ltd. (hereinafter referred to as "Giant Stone Egypt Company") and an Egyptian, told reporters in a factory building in the park: "When I first came here 12 years ago, this factory did not exist, and there were no gardens or restaurants outside. There were not as many factories nearby as there are now, but now there are constantly new factories starting construction here, and the popularity is growing." Some Egyptians have risen to management positions through hard work, and Dina is one of them. She joined Giant Stone Egypt Company after graduating from university in 2013. I originally planned to be an English teacher, but later I applied for a job here. After being admitted, my life completely changed, "said Dina. She started from a junior position as a production planner and took on increasingly important responsibilities through hard work, and her life continued to improve. If I hadn't joined the Giant Stone Egypt company 12 years ago, I wouldn't have had the life I have now, "sighed Dina. (This article is from the official website www.seetao.com of Jiandao. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jiandao website+original link when reprinting.) Jiandao website inheritance column editor/Yang Beihua