Russian industrial zone in Egypt

foto: S. Volkov

A memorandum on the creation of the Russian industrial zone (RPZ) in Egypt was signed in 2007. However, at the highest level of bilateral cooperation - the level of the presidents of the two countries - this issue began to be discussed only in 2014, and in May 2018 an intergovernmental agreement was signed on the creation and ensuring the conditions for the activity ofindustrial zone in the economic zone of the Suez Canal. He determined that its developer would be the RPZ management company established by JSC Russian Export Center in accordance with Egyptian law. From Egypt, the authorized organization for the implementation of this project is the Main Directorate of the Special Economic Zone of the Suez Canal (SCZone).