SCZONE Delegation visits Midea company in Guangzhou

Mr. Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), and his accompanying delegation visited “Midea” Company for Electrical Appliances Industries in Guangzhou which has more than 23 production centers in 14 countries as part of the promotional tour of SCZONE’s delegation to the Republic of China. The inspection tour began with a meeting with “Midea” officials to discuss the production lines of its factory within TEDA-Egypt in Sokhna integrated zone. The delegation visited the Midea factory production lines inside the company headquarters in Guangzhou.

Mr. Waleid Gamal El-Dien declared: “We emphasize SCZONE’s full support to Media through investment incentives, and accelerating the pace of any procedures to be able to cover the local market and export to European, African and Middle Eastern markets to take advantage of the proximity of Sokhna Port to the Sokhna Industrial Area. We also emphasize the need to pay attention to the quality of the product provided to the Egyptian market, after-sales services, and maintenance to achieve success within the local market.”

“Media” officials gave a detailed explanation of the company’s activity and announced the start of operation and export of the company’s products to the local, and foreign markets next July after the factory’s official opening. The company also announced that the necessary studies are being prepared to establish a second factory in SCZONE to enhance its presence in the local market due to the increasing volume of demand for its products.

The delegation also met with officials of “Zhink”, one of the largest Chinese companies working in the production of PET material, from which textile fibers are made, which are used in the clothing industries of major brands, and flexible environmentally friendly plastics that are used in several industries, including plastic packaging for food and beverages. The company expressed its interest in being present in SCZONE and exporting to foreign markets. The delegation also met with officials of “Asdet” interested in investing in SCZONE and establishing a factory with an area of 40,000 square meters for ready-made garment industries, inquiring about the abundance of labor as the project will provide nearly 2,000 jobs.



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