He also said that the Russian industrial zone will be built on 5.25 million square meters. He noted that under this new agreement the General Authority of the Suez Canal Economic Zone would facilitate the establishment of the industrial zone, and provide the infrastructure. The Russian Industrial Zone will have a three-phase-establishment plan that will be carried out over 5.25 million square meters. The third phase develops 2.65 million square meters generating 17,000 jobs, and is expected to conclude by 2031. The industrial zone will include many industries such as manufacturing air conditioners, motors, construction equipment, glass, ceramics, electronics, medical supplies and plastic.

Source: Egypt Independent May 24, 2018 10:07 UTC