SCZone Chairman Meets with Delegation of Chinese Companies during Promotional Tour to China
Within the framework of the Suez Canal Economic Zone (SCZone) delegation's promotional tour to the Chinese capital, Beijing, Waleid Gamal El-Dein, Chairman of SCZone met with Assem Hanafi, Ambassador of the Arab Republic of Egypt to China, who organized the Egyptian-Chinese Investment Forum to promote investment opportunities for the economic zone and introduce them to Chinese companies and the business community.
At the beginning of his meetings, the head of the economic zone met with representatives of the Communist Party and China's Huandong and Hainan provinces. The meeting touched on the general investment climate in Egypt, which has created a good investment environment, especially SCZONE, which provides investors with direct and indirect incentives and is the starting point for investment towards the local market and various global markets based on international trade agreements and a huge national road network.
These meetings came through the investment forum held at the Egyptian embassy to converge economic visions between the two sides. Several officials from the Chinese Ministry of Commerce, the Ministry of Foreign Affairs, the China Trade Promotion Council, and representatives of more than 60 Chinese enterprises in various industrial sectors attended. The meetings included companies manufacturing medical equipment and devices, engineering and food industries, textiles, green fuels, and manufacturing machines for production lines.