Suez Economic and Trade Cooperation Zone

Suez Economic and Trade Cooperation Zone (SETC) is an industrial estate in Egypt where hundreds of Chinese companies are setting up industries, as part of the Belt and Road project.

It was built by the Tianjin Economic-Technological Development Area (Teda).

The zone was created in 2008 and extended in 2016 in a ceremony attended by Chinese President Xi Jinping on a state visit to Egypt.

The zone hosts several enterprises and manufacturing companies, including Jushi, which produces fiberglass in Egypt primarily for export[1] The EU introduced significant tariffs on fiberglass imports from Egypt as a result, alleging they were dumping the fiberglass.[2]

References
  1. Hesham Ibrahim (22 April 2019). "China's Jushi to operate new production line in Egypt next July".
  2. Jonathan Stearns (6 April 2020). "EU Hits China, Egypt With Five-Year Tariffs on Glass Fiber".
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