China-Egypt cooperation zone contributes to Egypt's industrial modernization
The China-Egypt TEDA Suez Economic and Trade Cooperation Zone (SETC-Zone), which sits on the shores of the Red Sea and south of the Suez Canal, and just celebrated its 15th anniversary, has developed into a thriving hub for trade and investment with well-built infrastructure, abundant industrial clusters, advanced logistics and warehousing facilities, and comprehensive amenities.
The cooperation zone, while accelerating strategic upgrading, has become a key platform of investment and cooperation for Chinese and Egyptian companies.
After two phases of construction, the SETC-Zone has grown into an industrial park featuring the best comprehensive environment, the highest density of investment, the highest per-unit output that attracts the most Chinese enterprises in Egypt.