During the Forum on China-Africa Cooperation in Beijing, Egypt and China signed agreements totaling over $1.1 billion, focusing on new manufacturing projects and industrial facilities in strategic locations across Egypt. Six Chinese companies established land usufruct agreements with the China-Egypt TEDA trade zone in Ain Sokhna. These agreements include significant investments in various sectors: - Befar Group will set up a $500 million chlor-alkali production facility, Egypt's first green chemical plant, using renewable energy sources. - China Glass Holding will construct a $300 million glass factory for local and international markets. - Shandong Tianyi Chemical is investing $110 million in a bromine extraction complex. - Elite Solar will build a $100 million factory for N-type solar cells, boosting the photovoltaic energy industry. - Kaks Investment will establish a $50 million hub for the home appliance supply chain. - Dahui Glucose and Tiba Starch will invest $7.5 million in a modified starch production facility to meet regional demands. Moreover, China Energy, managing $2 billion worth of projects in Egypt, will accelerate green energy projects, including green hydrogen and ammonia. The relocation of its North African headquarters to Egypt will further solidify economic ties between the two nations. Additionally, cooperation and investment within the ICT sector were strengthened, showcasing a comprehensive partnership between Egypt and China.