China-Egypt Suez Economic and Trade Cooperation Zone makes remarkable achievements

Source: Department of Regional Openness / Updated: 2021-10-29

Located in Northwest Gulf of Suez Economic Zone in the eastern Egypt, and the golden triangle of Asia, Africa and Europe, China-Egypt Suez Economic and Trade Cooperation Zone was founded in 2008. After more than a decade of development and construction, it has become an important platform of China-Egypt economic and trade cooperation. So far 102 enterprises have settled in the zone, among which China Jushi and China XD Group hold the leading positions in Egypt. The zone has attracted over 1.2 billion U.S. dollars of actual investment and its total sales value exceeded 2.5 billion U.S. dollars, creating more than 30,000 new jobs.