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Egypt-China Plans Boost Urban Growth
Deputy Abdel Khalek Ibrahim pointed out that President Xi Jinping's visit to Egypt, coinciding with the 70th anniversary of diplomatic relations, reflects the depth of the strategic partnership between the two countries and opens new prospects for enhancing cooperation in housing, utilities, and infrastructure sectors. He also emphasized that the joint statement by the two presidents strengthens collaboration on major projects and the development of the Suez Canal Economic Zone, with a focus on localizing industries such as electric vehicles, renewable energy, and water desalination to support urban expansion and sustainability. Additionally, he highlighted the importance of technology transfer and industrial localization to reduce reliance on imports and increase the domestic component, explaining that Egypt possesses the potential to become a regional hub for the production and export of basic infrastructure, energy, and water supplies to Africa and the Arab world.
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