February 20, 2019
Friday Admiral Mohab Mameesh, chairman of the Suez Canal Authority and Suez Canal economic zone stated that the establishment of the Russian Industrial Zone in Egypt will increase Economic and Commercial Collaborations between the two countries, which will permit Russian products to be sold in African and Middle East markets.
He added that a meeting will be held with a large number of companies that are interested in investing in the Russian Industrial Zone in the East of Port Said. The Russian Industrial Zone works in the fields of pharmaceuticals, medical products, fertilizers, construction materials, agricultural equipment, machinery manufacturing, oil and gas, petrochemicals and many others.
Admiral Mohab Mameesh assured that the signing of the agreement to establish the Russian Industrial Zone will take place soon in Cairo between President Abdel Fattah el-Sisi and Russian President Vladimir Putin.