CAIRO – 9 June 2021: The head of the Suez Canal Economic Zone, Yahya Zaki, said that one million square meters of the Russian industrial zone in Port Said Governorate had been completed and equipped, representing 20 percent of the area allocated to Russian industries. Zaki added that there are some developments regarding the Russian industrial zone agreement, as there are some amendments to the agreement. Head of the Suez Canal Economic Zone explained that these developments have gone through many discussions during this year, and these matters have been completed and all these points will be crystallized during the meeting of the Egyptian-Russian committee scheduled to be held in Moscow in the third week of this month. On June 8, Minister of Trade and Industry Nevin Gamea witnessed the signing of a framework agreement between the Suez Canal Economic Zone and its Polish counterpart in the Katowice region to establish a Polish industrial zone in Ain Sukhna, in the economic zone. The signature aims to establish a Polish economic zone in Ain Sukhna, with an area of ​​400 to 1,000,000 square meters, targeting food industries, electronic industries and auto spare parts.

Source: Egypt Today June 09, 2021 14:33 UTC