Spotlight: China's BRI boosts Egypt's development via massive infrastructure projects

    Source: Xinhua| 2019-04-05 15:56:47|Editor: Li Xia
    Video PlayerClose

    by Mahmoud Fouly

    CAIRO, April 4 (Xinhua) -- China's Belt and Road Initiative (BRI) is contributing to Egypt's development through massive infrastructure projects in various fields including construction, energy, transport, trade and industry.

    Current Chinese investments and projects in Egypt reflect tangible and fruitful cooperation under the BRI, first proposed by China in 2013, which aims to build a trade and infrastructure network connecting Asia with Europe, Africa and beyond.

    In Egypt's new administrative capital, some 45 km east of Cairo, a skyscraper that is expected to be the tallest in Africa is being built by both Chinese and Egyptian hands.

    The 385-meter-high Iconic Tower will be part of the Central Business District under construction by China State Construction Engineering Corporation, which is working round the clock for a timely delivery of the district in 2022, four years after the construction started.

    Visiting the construction site in late February, Egyptian Prime Minister Mostafa Madbouly described the architectural project as "a miracle by all means."

    Also, a coalition of China's AVIC International and China Railway Group Limited is building a light rail transit to connect Egypt's new administrative capital with other surrounding new cities on the outskirts of Cairo.

    Egypt and China enjoy distinguished relations that have been elevated in recent years to the level of comprehensive strategic partnership.

    Egyptian President Abdel-Fattah al-Sisi has paid at least five visits to China since he took office in mid-2014, and he is scheduled to visit Beijing later in April to attend the second Belt and Road Forum for International Cooperation.

    In the field of energy, Chinese large corporations are also working on a number of mega projects in Egypt.

    China's renewable energy company TBEA Sunoasis has recently finished the construction of three solar power stations with an output of 186 megawatts as part of giant under-construction Benban Solar Energy Park in Egypt's southern province of Aswan.

    In Hamrawein region on the Red Sea coast, China's Dongfang Electric and Shanghai Electric firms are building a coal-fired power plant with a total generating capacity of 6,000 megawatts. The plant, which will be constructed in about six years, is expected to be the largest of its kind in the Middle East.

    China's Sinohydro has also finished the necessary studies to start soon the construction of a major pumped-storage hydropower plant in Mount Ataka in northeastern Suez province, with a capacity of 2,400 megawatts.

    "Sinohydro is a world leader in this field and the project in Mount Ataka will be the first in Egypt and the largest in Africa and the Middle East region," Ayman Hamza, spokesman of Egypt's Ministry of Electricity and Renewable Energy, told Xinhua.

    He added that Egypt also started cooperation with State Grid Corporation of China to construct about 1,210 km of high voltage transmission lines, besides cooperation with other Chinese companies such as Huawei and ZTE in the field of smart meters.

    "China is one of the world's advanced states in the field of energy. Egypt's coordination with China is at the highest level and the cooperation between the two sides is very effective and fruitful," Hamza said.

    "Egypt takes great interest in China's very important BRI and works earnestly on implementing it," he added.

    The BRI-based Sino-Egyptian cooperation is also reflected in the development of trade and industry in Egypt.

    China's industrial developer Tianjin Economic-Technological Development Area (TEDA) is currently developing a total area of 7.23 square km in Egypt's Suez Canal Economic Zone (SCZone) in Ain Sokhna district of Suez province.

    TEDA attracted many enterprises to the SCZone, including China's fiberglass giant manufacturer Jushi, which helped Egypt become one of the largest fiberglass producers and exporters in the world over the past couple of years.

    On Monday, several renowned Egyptian researchers and a Chinese senior diplomat gathered at a seminar in Cairo to discuss insights and visions on the BRI and its economic and strategic significance for participating states.

    "The BRI is different from other economic blocs as it links trade with development," said Mohamed Fayez Farahat, a political expert and head of the Asian Studies Program at Cairo-based Al-Ahram Center for Political and Strategic Studies.

    In the light of the BRI, trade exchanges between China and Egypt hit a record high of 13.87 billion U.S. dollars in 2018, with Egyptian exports to China reaching 1.8 billion dollars for the first time, according to Han Bing, minister counselor for economic affairs at the Chinese embassy in Cairo.

    "The BRI is based on the principles of joint consultation, common construction and shared interests," the Chinese diplomat said during the seminar.

    TOP STORIES
    EDITOR’S CHOICE
    MOST VIEWED
    EXPLORE XINHUANET
    010020070750000000000000011100001379524501
    主站蜘蛛池模板: 国产成人精品视频一区二区不卡 | 国产精品免费看久久久无码| 国产尹人香蕉综合在线电影| www.五月婷| 日韩欧美亚洲另类| 亚洲精品在线不卡| 老司机午夜在线视频| 欧美疯狂做受xxxxx高潮| 国产亚洲一路线二路线高质量| 中文字幕乱码无码人妻系列蜜桃| 欧美大BBBBBBBBBBBB| 国产亚洲视频在线观看| 中文字幕在线观看国产| 韩国伦理片年轻的妈妈| 幻女free性zozo交| 久久精品国产亚洲av麻| 欧美精品亚洲精品日韩专区va | 久久久999国产精品| 精品卡2卡3卡4卡免费| 精品一区二区三区波多野结衣| 中文字幕视频免费| 青草青草伊人精品视频| 国产色婷婷五月精品综合在线| 一级黄色在线视频| 韩国在线观看一区二区三区| 浮力影院国产第一页| 亚洲精品aaa| 久久午夜夜伦鲁鲁片无码免费| 欧美色图亚洲激情| 大陆年轻帅小伙飞机gay| 国产精品免费av片在线观看| 中文字幕免费视频精品一| 最新欧美精品一区二区三区| 依依成人精品视频在线观看| 亚洲国产精品成人AV在线| 免费成人在线电影| 黄色三级电影网| 国产精品无码一区二区在线观一 | 精品日产卡一卡乱码| 日本高清视频色wwwwww色| 婷婷六月久久综合丁香可观看|