Connecting the Belt and Road Initiative to the Suez Economic and Trade Cooperation Zone Development

Abstract

In 2016, Egyptian Minister of Investment Dalia Khorshid stated that China ranked the 23rd largest investor in Egypt. Its investment amount was estimated at about USD 500 million. Because China is rapidly increasing its investments in Egypt, it could be a top ten in the near future. One of the major projects in this course is to develop the China-Egypt Suez Economic and Trade Cooperation Zone (hereinafter Suez Development Project). China's investment for the Suez Development Project is estimated at USD 4 billion under the Belt and Road Initiative.