CAIRO - 2 September 2018: Egypt and China signed Sunday deals worth 18.3 billion dollars to carry out different Chinese development projects in the North African country.

President Abdel Fatah al-Sisi witnessed the signing ceremony with major heads of Chinese companies operating in Egypt, presidential spokesperson Bassam Radi said.

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Top Egyptian officials sign economic deals with Chinese businessmen and economists in Beijing on September 2, 2018 - Press photo/Presidency


Sisi stressed the depth and strength of the Egyptian-Chinese relations, which hold the oldest two civilizations in the man history. The Egyptian-Chinese friendship was embodied in inking comprehensive strategic collaboration on all levels, according to Radi.

The Egyptian president showed his interest in meeting with key Chinese businessmen and economists, in order to enhance economic and trade cooperation, and offering them investment opportunities in Egypt. He praised the Chinese development experience in East Asia area region.

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Top Egyptian officials sign economic deals with Chinese businessmen and economists in Beijing on September 2, 2018 - Press photo/Presidency


The president reviewed Egypt’s economic reform and the challenges it faced over the past years, and how it positively impacted the investment chances. He asserted that Egypt’s development priorities comply with the Belt and Road Initiative announced by Chinese President Xi Pinjing in 2013.

The deals included the construction of a power plant using clean coal technology with capacities of up to 6000 megawatts in Al-Hamrawain on the Red Sea coast, constructing the 2nd phase of central work at the New Administrative Capital, Project of pumping station and storage at Mount Ataka, Shaundong Rui Textile Group Area Project, and other development projects at Suez Canal Axis.

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Top Egyptian officials sign economic deals with Chinese businessmen and economists in Beijing on September 2, 2018 - Press photo/Presidency


Sisi and his Chinese counterpart Xi Jinping witnessed Saturday five cooperation deals inked in various fields between both countries in Beijing.

This comes on the sidelines of the Egyptian leader’s visit to Beijing, to attend the China-Africa Forum currently taking place.

The deals tackle several domains, including the industrial quality, a Chinese loan, and cooperation in projects such as the electric train, along with a grant for manufacturing an Egyptian satellite.

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Egypt yesterday announced the arrival of the first electric bus from China which will service the Alexandria Corniche Road.

Local media, including the state-run Al-Akhbar newspaper, reported that “the first electric bus has arrived in the port of Alexandria coming from the port of Shanghai, China, as part of supply contract that includes 15 electric buses.”

“The new bus is scheduled to enter the transport system after a three-month trial,” said Khalid Eliwa, chairman of the General Authority for Passenger Transport in Alexandria.

“The electric bus can carry 90 passengers and its batteries can be charged every three to four hours, allowing it to travel 250 kilometres without air-conditioning or 210 kilometres with air conditioning on,” he said.

After the three month trial, he added, Egypt will be ready to receive the 14 other buses which were agreed upon, “to ensure the highest performance under the Egyptian weather”.

Egypt signed a contract for the supply of 15 electric buses from China in January making it the first country in the Middle East to operate such buses.

Egypt yesterday announced the arrival of the first electric bus from China which will service the Alexandria Corniche Road.

Local media, including the state-run Al-Akhbar newspaper, reported that “the first electric bus has arrived in the port of Alexandria coming from the port of Shanghai, China, as part of supply contract that includes 15 electric buses.”

“The new bus is scheduled to enter the transport system after a three-month trial,” said Khalid Eliwa, chairman of the General Authority for Passenger Transport in Alexandria.

“The electric bus can carry 90 passengers and its batteries can be charged every three to four hours, allowing it to travel 250 kilometres without air-conditioning or 210 kilometres with air conditioning on,” he said.

After the three month trial, he added, Egypt will be ready to receive the 14 other buses which were agreed upon, “to ensure the highest performance under the Egyptian weather”.

Egypt signed a contract for the supply of 15 electric buses from China in January making it the first country in the Middle East to operate such buses.

Egypt yesterday announced the arrival of the first electric bus from China which will service the Alexandria Corniche Road.

Local media, including the state-run Al-Akhbar newspaper, reported that “the first electric bus has arrived in the port of Alexandria coming from the port of Shanghai, China, as part of supply contract that includes 15 electric buses.”

“The new bus is scheduled to enter the transport system after a three-month trial,” said Khalid Eliwa, chairman of the General Authority for Passenger Transport in Alexandria.

“The electric bus can carry 90 passengers and its batteries can be charged every three to four hours, allowing it to travel 250 kilometres without air-conditioning or 210 kilometres with air conditioning on,” he said.

After the three month trial, he added, Egypt will be ready to receive the 14 other buses which were agreed upon, “to ensure the highest performance under the Egyptian weather”.

Egypt signed a contract for the supply of 15 electric buses from China in January making it the first country in the Middle East to operate such buses.