A production capacity demonstration park connecting the Bohai Sea and the Red Sea

2023-08-22

From the shores of the Bohai Bay to the shores of the Red Sea, we are measuring 15000 miles of our career with our youth... "This sentence written on the front page of the internal manual of China Africa Teda Investment Co., Ltd. reveals the legendary journey of" Teda people "replicating China's industrial new city in foreign lands. Focusing on infrastructure construction and production capacity cooperation, the China Egypt TEDA Suez Economic and Trade Cooperation Zone, with the concern of the two heads of state, has gradually become a demonstration project for docking China's "the Belt and Road" initiative and Egypt's "Suez Canal Corridor Economic Belt". Not long ago, the cooperation zone just celebrated its "15th birthday", and reporters once again walked into "Teda" located in China and Egypt to understand the process of common development and friendly cooperation between China and Egypt from three details. The China Egypt Teda Suez Economic and Trade Cooperation Zone, located at the intersection of the three continents of Asia, Africa, and Europe, is known locally as "Teda", which is a transliteration of the acronym TEDA for Tianjin Economic and Technological Development Zone founded in 1984. The association of visual signs further reflects the relationship between the two - the Tianjin Development Zone logo consists of TEDA and one green leaf shaped "Tian" character, while the logo of the China Egypt Teda Suez Economic and Trade Cooperation Zone is surrounded by six green leaves in the shape of a flower. The 'Tian' character of Teda symbolizes the modern urban consciousness of reasonable planning, and we will showcase it in the shape of an Egyptian 'Yimi flower', hoping to write a miracle here. "Liu Aimin, Chairman of China Africa Teda Investment Co., Ltd., said that Yimi flower is a transparent 6-petal flower in Egyptian legend, regarded as a symbol of tenacity, faith, and miracles. In the mid-1990s, Egypt was impressed by the rapid development of China's development zones and expressed hope that China would help Egypt build development zones in Suez. The Suez region is a Gobi region, bordered by the Red Sea to the east and more than 120 kilometers to the west from the capital Cairo. Its geographical location and geological environment are very similar to those of the Tianjin Development Zone. In 1998, the State Council decided to assign Tianjin Development Zone to undertake this project, which became the glorious mission of 'Teda People', "said Qu Defu, Chairman of Tianjin Teda Investment Holding Co., Ltd. Since 2008, the construction of the China Africa Teda led cooperation zone, jointly established by Teda Holdings and the China Africa Development Fund, has opened a new chapter. Over the past 15 years, the cooperation zone has attracted 145 enterprises to settle in, with actual investment exceeding 1.7 billion US dollars, accumulated sales exceeding 3.8 billion US dollars, paid taxes exceeding 200 million US dollars, directly solving employment problems of over 5000 people, and industry driving employment of about 50000 people. Not only are office buildings and production lines, but supporting facilities such as star rated hotels and amusement parks also adorn them. Ahmed Abdul Baki, who is deeply involved in the construction of the cooperation zone, said that he and his Chinese colleagues "built a city in the desert". Like the "camel thorn" rooted in Egypt, on January 21, 2016, the two heads of state jointly unveiled the second phase of the China Egypt Teda Suez Economic and Trade Cooperation Zone, marking a shining moment for the "Teda people". To sum up the secrets of success, "investor centeredness" is the key point they mentioned, while "camel thorn" is their self comparison. Camel thorn is a low shrub native to Egypt that does not drink a drop of water all year round under high temperatures, but its root system can grow up to four

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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