Egypt ready to expand Russian industrial zone in Port Said to 2,000 hectares

Business & Economy November 25, 2016, 14:55

MOSCOW, November 25. /TASS/. Egypt is ready to expand the Russian industrial zone near Port Said from 80 hectares to 2,000 hectares in the future, Russia’s Industry and Trade Minister Denis Manturov said at a meeting of the Council for Strategic Development.

"Egypt’s President el-Sisi has decided to allocate 80 hectares to us in the eastern part of Port Said on Suez Canal. In prospect they [Egypt] are ready to expand this zone to 2,000 hectares," Manturov said.

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