Head of Suez Canal Economic Zone (SCEZ) Mr. Walid Gamal ElDin has assured that the Zone is a comprehensive industrial and logistic platform overlooking one of the most important global navigational channels, and is considered a promising destination for Chinese investments; as it enjoys a strategic location, developed infra-structure and flexible investment procedures. This comes during his promotion tour at China with his accompanying official delegation. The tour has included several meetings with senior representatives of China Pinhai New Area. Also, the delegation has had a field tour in Tianjin port to view port’s management and operation practices.
Moreover, he reviewed joint cooperation aspects and debated future plans to enhance Chinese investments inside SCEZ, and he debated three important main aspects; first of which the possibility of allocating a new area for “TEDA” Group, to make developments in the Zone, and which reaches 10KM2, second discussing available cooperation opportunities in the field of ports, where Tianjin port officials have shown great interest to know more about the ports’ capabilities specially East Port Said port after its development. Third, Gamal El Din suggested one of Chinese banks to take one of the working banks in the Egyptian market, so as to provide with specialized banking services for Chinese investors in Egypt.