He met with Zhu Difu, chairman of TEDA Holding Company, and emphasized that the development of the TEDA industrial zone remains a top government priority.
The prime minister called for a clear timeline for TEDA’s expansion and indicated the possibility of granting the company new industrial areas in emerging urban centres, including New Alamein City and the New Administrative Capital.
He said these plans were reinforced in talks with Chinese President Xi Jinping, who reiterated Beijing’s support for Chinese firms investing in Egypt.
Egypt is particularly keen to attract companies working in renewable energy, electric vehicles (EVs), battery manufacturing, and water desalination, Madbouly added.
TEDA, operating in Egypt since 2008, has so far attracted 200 companies, channelled $3 billion in investments, contributed $300 million in taxes, and created more than 10,000 jobs.
Zhu Difu described Egypt as a model of successful cooperation and confirmed the company’s intention to expand its SCZone footprint, building on its track record in energy, petrochemicals, electronics, textiles, and advanced industries.
He also reviewed ongoing energy projects developed in collaboration with Egypt’s Ministry of Electricity and Renewable Energy, highlighting opportunities to expand into water desalination as the zone broadens its scope.
The TEDA Egypt-China Economic and Trade Cooperation Zone, located in Ain Sokhna at the southern entrance of the Suez Canal, is strategically positioned to connect Asia, Africa, and Europe.
Water desalination and renewable energy
Separately, Madbouly announced plans to increase Egypt’s desalination capacity to 10 million cubic metres per day within five years, up from the current 1.4 million cubic metres per day, while localizing plant components.
He met with Ni Chen, Chairman and General Manager of China Energy Engineering Corporation (CEEC), to discuss the country’s renewable energy and energy storage ambitions.
Madbouly said Egypt aims to generate 42 percent of its electricity from renewables by 2030 and is counting on CEEC’s support to localise renewable energy components.
Ni Chen outlined plans to invest $1 billion over five years to establish Egypt as a regional hub, expand into seawater desalination, and continue joint energy generation projects, with technologies increasingly produced locally.
CEEC has operated in Egypt since 2009, completing 14 projects and relocating its regional headquarters to Cairo.
Ni Chen praised Egyptian government support and highlighted the company’s readiness to scale up investments in renewable energy, desalination, and energy storage.
Ni Chen announced that the company plans to expand into seawater desalination in Egypt alongside its existing renewable energy and energy storage projects, while confirming ongoing consultations with the Ministry of Electricity and Renewable Energy on joint generation initiatives and pledging to localize its technologies within the country.
The meetings underscore Egypt’s ongoing effort to bolster industrial and green technology partnerships with Chinese investors, positioning the SCZone as a gateway for advanced industries and a hub for regional trade, manufacturing, and sustainable development.
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