Putin urges launch of Russian industrial zone near Suez Canal ...News

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Putin urges launch of Russian industrial zone near Suez Canal
The project is aimed at expanding Russia’s trade with Egypt, and Africa as a whole Russia is aiming to complete an industrial zone in Egypt, near the Suez Canal – one of the world’s busiest transport hubs – in the near future, President Vladimir Putin said on Thursday. “I spoke with my colleague yesterday, with President [Abdel Fattah] al-Sisi… I expect that construction will begin there already this year, the first production facilities, and in the future, goods produced there will be exported throughout Africa,” Putin told a plenary session of the Russia-Africa Economic and Humanitarian Forum in St. Petersburg.

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