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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

EXPLAINED: China to invest 5 bn in egypt | Rare Historical Photos

Egypt China Authority Suez Canal Authority Red Sea
Officials touring the Chinese projects in Egypt (Suez Canal Economic Zone)

Egypt's Suez Canal Economic Zone is in negotiations with Chinese companies to implement investment projects worth $5 billion, according to an official statement from the Suez Canal Authority.

The deputy chairman of the southern part of the Zone, Walid Youssef, visited the Chinese industrial zone TEDA in Ain Sukhna on the Red Sea coast.

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