Suez Economic And Trade Cooperation Zone
   HOME

TheInfoList



Click Here for Items Related To - Suez Economic And Trade Cooperation Zone
OR:
Suez Economic And Trade Cooperation Zone on:   [Wikipedia]   [Google]   [Amazon]

The Suez Economic and Trade Cooperation Zone (SETC) is an industrial estate near the city of
Suez Suez (, , , ) is a Port#Seaport, seaport city with a population of about 800,000 in north-eastern Egypt, located on the north coast of the Gulf of Suez on the Red Sea, near the southern terminus of the Suez Canal. It is the capital and largest c ...
, Egypt, established by a joint partnership between the governments of the People's Republic of
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
and the Arab Republic of
Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...
, for the purposes of inviting Chinese companies to set up industries, as part of the Belt and Road project. It was built by the Tianjin Economic-Technological Development Area (TEDA). The SETC zone was created in 2008 and extended in 2016 in a ceremony attended by
CCP general secretary The general secretary of the Central Committee of the Chinese Communist Party ( zh, s=中国共产党中央委员会总书记, p=Zhōngguó Gòngchǎndǎng Zhōngyāng Wěiyuánhuì Zǒngshūjì) is the leader of the Chinese Communist Party ...
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
on a state visit to Egypt. The zone hosts several enterprises and manufacturing companies, including Jushi, which produces fiberglass in Egypt primarily for export The EU introduced significant tariffs on fiberglass imports from Egypt as a result, alleging they were dumping the fiberglass.


References


External links

* {{Official website, https://www.setc-zone.com/ Special economic zones Economy of Egypt