Cabinet approves setting up Russian industrial zone at SCZone

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Wed, 25 Jul 2018 - 01:37 GMT

BY

Wed, 25 Jul 2018 - 01:37 GMT

FILE- Suez Canal Economic Zone

FILE- Suez Canal Economic Zone

CAIRO - 25 July 2018: The Cabinet approved at a meeting on Wednesday under Prime Minister Moustafa Madbouli a presidential draft decision approving an agreement with Russia to set up a Russian industrial zone in the Suez Canal Economic Zone (SCZone).

The project is aimed at manufacturing high quality products and creating more job opportunities.

It is also aimed at implementing training programs in different industrial sectors.

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