Is Russia backing companies in RIZ to the tune of USD 9 bn?

Is Russia backing companies in RIZ to the tune of USD 9 bn? In another sign that we are nearing a contract on the Russian Industrial Zone (RIZ), Moscow will apparently be providing USD 9 bn in funding to companies looking to set up shop at the RIZ, officials at the Russia Africa Business Forum (which took place earlier in the week) said, according to AMAY. Both Suez Canal Economic Zone chairman Mohab Mamish and Trade and Industry Ministry Tarek Kabil said earlier in the month that an agreement had reached on the RIZ and they are expected to be signed in the coming months.