First Russian industrial zone overseas to be implemented in 2021
Cairo: The Russian Government intends to implement the first project on establishment of the industrial zone overseasí according to National Projects papers posted on the website of the Russian Government on Mondayí according to TASS news Agency.
The first Russian industrial zone will be organized in Egypt. The intergovernmental agreement regulating parameters of the special zone was signed on May 23í 2018.
The Russian industrial zone project stipulates establishment of a special zone with preferential fiscal conditions for Russian resident companies. The zone will be located in the east of Port Said in Egypt. Source: Sada Elbalad