Canton Fair’s Post

View organization page for Canton Fair, graphic

89,867 followers

According to the Belt and Road Portal (https://lnkd.in/e7YHBEvy), Egypt is rich in quartz stone, kaolin, limestone,  and other mineral resources, which are the important raw materials for the manufacture of fiberglass. However, these resources had not been fully utilized due to the lack of relevant technologies, equipment and professionals. Since entering the China-Egypt TEDA Suez Economic and Trade Cooperation Zone in January 2012, Jushi Egypt has established the Egyptian fiberglass industry from scratch. At the stone storage yard at Jushi Egypt, hills of different stones there will turn into snow-white, steel-hard and paper-light fiberglass through the advanced manufacturing process brought by Jushi. At present, the company's fiberglass manufacturing base has an annual production capacity of 340,000 tonnes, making Egypt the largest fiberglass producer in Africa and the fourth largest producer in the world. Jushi Egypt has created more than 2,000 jobs, generated over 40 million U.S. dollars in tax revenue, and brought in more than 1 billion dollars in foreign exchange income for Egypt. While contributing to Egypt's economic development, Jushi Egypt has become one of the leading enterprises in the Suez Canal Economic Zone and the largest Chinese investment project in the Egyptian manufacturing sector. The #136thCantonFair will be held in three phases in Guangzhou, China from October 15 to November 4, and operate its online platform on a regular basis. Looking forward to seeing you!

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics