Video PlayerClose -According to a five-year (2016-2020) blueprint that China and Egypt signed during Xi’s Egypt tour in 2016, the two sides vowed to “double their efforts” to develop the zone. -With sales revenues exceeding 2.5 billion dollars, the businesses in the zone have paid taxes of over 176 million dollars and provided about 4,000 direct jobs and 36,000 employment opportunities in related industries. -Having pulled through the tough year of 2020, most of the companies in the cooperation zone have full confidence that the pandemic will certainly be overcome, and new opportunities will come their way by Xinhua writers Li Kun, Song Rui and Wu Danni TIANJIN/CAIRO, Jan. 24 (Xinhua) — Economic and trade cooperation between China and Egypt have given a completely fresh look to a former desert by the Red Sea near the Suez Canal and thus, literally changed its fortune. For the convenience of thousands of new residents in and surrounding the China-Egypt Suez Economic and Trade Cooperation Zone, some 120 km to the east of Egypt’s capital city Cairo, the Egyptian bus system “Go Bus” is scheduled to offer bus services to the zone within this year. “Go Bus company chose to set stations here… Read full this story
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Five years on, Suez flagship project tells story of dynamic China-Egypt cooperation have 412 words, post on www.xinhuanet.com at January 24, 2021. This is cached page on Asean Breaking News. If you want remove this page, please contact us.
