The Belt and Road Initiative provides a significant opportunity for China and Egypt to enhance cooperation and boost investment. Jushi Egypt, a fiberglass company in the Suez Canal Economic Zone, represents one of the most successful examples of China-Egypt industrial cooperation.

Jushi Egypt is a subsidiary of leading global fiberglass company China Jushi. It produces around 200,000 tons of fiberglass every year, making Egypt the world’s third largest fiberglass producer after the United States and China.

Ahmed Soliman, 29, joined the company in 2012, the same year Jushi Egypt was established. In less than five years, he rose from a front-line worker to an assistant general manager.

Soliman told CGTN that his experience at Jushi Egypt has improved his way of thinking and opened up a better vision for his career. 

“If I double my efforts, I will find better chances. So the more hard-work, the more level for my thinking, for my family and for my life,” he said.

Soliman said his experience at Jushi Egypt has made a huge difference in his life, and he has decided to keep it up. He said, “My plan is to work here for at least 20 years, to complete my thinking and improving method. As I start, I will continue.”

The fiberglass company has nearly 2,000 employees, mostly locals, and over 70 percent are in management positions. Wu Ping, the general manager, said localization, along with advanced technological input, has contributed to its rapid growth, securing one-fifth of the global fiberglass market.

Jushi Egypt is among the 68 tenant companies operating inside China's TEDA Cooperation Zone, one of the largest industrial developers of the Suez Canal Economic Zone. The zone’s establishment has so far created more than 3,000 jobs for locals. As the business expands, this number will rise to 40,000. It has also contributed nearly 60 million US dollars to local tax revenues.

The Suez Canal Economic Zone occupies over 400 square kilometers along the banks of the newly-expanded Suez Canal. Admiral Mahfouz, vice chairman of the zone’s general authority, praised the closer cooperation with Chinese investors. He explained to CGTN that the companies brought the know-how to the Egyptians, and they also helped build factories and industrial parks. The vice chairman added that the two have forged a relationship more than just partners.