
From July 22 to 23, Mr. Waleid Gamal El-Dein, Chairman of the General Authority of Suez Canal Economic Zone (SCZONE), led a delegation to visit Ningbo. Mr. JIAO Shuanglin, Deputy Director-General of the Ningbo Foreign Affairs Office, met with the Chairman and his delegation. They also jointly attended the Seminar to Promote Cooperation between SCZONE and Ningbo Auto Part Businesses. During the seminar, the Egyptian delegation promoted the Suez Canal Economic Zone, providing a detailed introduction to its geographical advantages, infrastructure, industrial park layout and investment policies. They invited Ningbo-based enterprises to invest and establish operations in the zone. Representatives from the Ningbo Municipal Bureau of Commerce and the CCPIT-Ningbo Committee presented an overview of investment and trade cooperation between Ningbo and Egypt. Ningbo auto parts companies, including Ningbo Joyson Electronic Corporation, Minth Group, Ningbo Tuopu Group, Ningbo Jifeng Auto Parts Company, Ningbo F.Y. AUTO PARTS Company, and Ningbo Wuhuan Automobile Industry Company, respectively introduced their businesses, development strengths and overseas expansion strategies, and engaged in discussions on specific areas of economic and trade cooperation. During their stay in Ningbo, the delegation also visited local photovoltaic and automobile manufacturing companies. In 2016, Ningbo established the relationship of friendly exchanges with Suez, Egypt. Since then, the two cities have actively engaged in exchanges and cooperation in the areas of economy, trade and port development.
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