20 Russian companies looking at Russian Industrial Zone

Twenty Russian companies are keen to establish facilities in the planned USD 7 bn Russian Industrial Zone (RIZ), Russian Industry and Trade Minister Denis Manturov said, according to MENA. The remarks come days after Suez Canal Authority boss Mohab Mamish arrived in Moscow to finalize the agreement for the zone. RIZ will be operational by June and will include pharma, agricultural equipment, and other industries, Mamish told Sada El Balad TV (watch, runtime: 4:32). Mamish signed an MoU with Russia’s Dubna Special Economic Zone to exchange expertise,local press reported.