Industrial zone offers model for development

A new industrial zone is thriving in a desert area of Egypt, fueling growth in the local economy and enriching people's lives, according to an Egyptian executive of a China-invested project.

The China-Egypt TEDA Suez Economic and Trade Cooperation Zone, or TEDA Zone, has become a multifunctional industrial base after a decade in the region, with plans to include more sections in a new expanded area, said Nahla Mahmoud, general manager of the Egypt-TEDA SEZone (Suez Canal Economic Zone) Development Co.

The zone reflects the innovative concept of an industrial park as a new type of modern city, which includes hotels, amusement parks, supermarkets and other facilities to support residents' multifaceted lifestyles, Mahmoud said.

 

（Source：China Daily）