Sinosure Signed Framework Agreement on Cooperation with Ministry of Electric Power and Renewable Energy of Egypt

On January 21st, Mr. Wang Yi��Sinosure��s Chairman and Mr. Mohamed Shaker��Minister of Electric Power and Renewable Energy of Egypt, signed the Framework Agreement on Cooperation in relation to the major projects of electric power, marking the staged achievements of the financing works in the field of electric power construction in terms of the bilateral economic and trade cooperation.

Mr. Wang pointed out that the interface of China-Egypt development strategy has met historic opportunity with the construction of the Belt and Road Initiative and the implementation of the New Suez Canal Corridor. Sinosure attaches great importance to developing the Egyptian market, and will provide support to the cooperation between the two countries in the fields of agriculture, urban infrastructure construction, etc., with an aim to better promote the level of bilateral industrial capacity cooperation.

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