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China and Egypt deepen ties as Beijing boosts influence in bid to solve Mideast crises
Premier Li Qiang pledges more Chinese investment in Egypt during Cairo visit as China seeks to expand influence in region amid US rivalry
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Upon his arrival at Cairo International Airport on Wednesday, Chinese Premier Li Qiang recalled the enduring legacy of the ancient Silk Road, a centuries-old link that laid the groundwork for close trade and cultural exchanges between China and Egypt.
That connection now thrives as China recreates the network through its ambitious Belt and Road Initiative, attracting billions into Egypt’s infrastructure and various sectors.
Chinese companies in Egypt have notably built Africa’s tallest skyscraper, set up the country’s first electric light rail and helped to modernise its electricity grid.
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On Thursday, Li met Egyptian President Abdel-Fattah el-Sisi, agreeing to deepen belt and road collaboration in trade, finance, manufacturing, renewable energy, technology and cultural exchanges.
Li also pledged to encourage more Chinese companies to invest in Egypt.
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Chinese investment is prominent across Egypt, notably in projects such as the central business district in the New Administrative Capital east of Cairo – featuring Iconic Tower, Africa’s tallest skyscraper – and the Suez Canal Economic Zone.
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