In Egypt, organize a Russian industrial zone

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www.vsyako.netPhoto: Artur Widak / ZUMA / Globallookpress.com

Russian and Egyptian authorities began implementing a joint project to launch in Port said a Russian industrial zone (RPZ). A search of companies that could locate production there, engaged in the Ministry of industry and trade and the Russian export centre (REC). This was announced by Director of special projects REC Ilya Pomigalov, reports TASS.

Pomigalov said that Egypt aims to become global hub by using its geographical position: the city of Port said located on the Mediterranean coast and in the North of the Suez canal, closing part of trade flows. He believes that Russian companies, which are localized in the country, in particular, will gain access to African markets.

Implementation of the Russian-Egyptian cooperation is carried out in the framework of the national project “international cooperation and exports,” which runs until 2024. On his plan to allocate about 1 trillion roubles.

Video, photo All from Russia.

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