{"id":553870,"date":"2021-12-12T04:00:59","date_gmt":"2021-12-12T04:00:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/"},"modified":"2021-12-12T04:00:59","modified_gmt":"2021-12-12T04:00:59","slug":"russia-will-start-pouring-money-into-riz-buildout","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/","title":{"rendered":"Russia will start pouring money into RIZ buildout"},"content":{"rendered":"

Russia will start financing the construction of its Russian Industrial Zone (RIZ) <\/strong>next yea<\/strong>r<\/strong>, First Deputy Minister of Industry and Trade Vasily Osmakov said at a Russian trade forum over the weekend, Russian news agency Tass<\/a> reports. Construction was originally expected to begin in 2020 but was delayed by the covid-19 pandemic. Osmakov did not provide details on how much financing is in the pipeline.<\/p>\n

About the RIZ: <\/strong>The industrial zone will be implemented over the next 13 years but some companies are expected to start manufacturing products in 2022. As many as 32 Russian companies<\/a> are interested in setting up shop in the zone, and are being lured by rental holidays, preferential tax rates, and lower energy tariffs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Russia will start financing the construction of its Russian Industrial Zone (RIZ) next year, First Deputy Minister of Industry and Trade Vasily Osmakov said at a Russian trade forum over the weekend, Russian news agency Tass reports. Construction was originally expected to begin in 2020 but was delayed by the covid-19 pandemic. Osmakov did not […]<\/p>\n","protected":false},"author":1,"featured_media":553871,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[72,125,270,3074],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam","tag-investment-watch","tag-russia","tag-russian-industrial-zone","wpautop","entry"],"acf":{"mongo_id":"ac898950-cd27-41ab-8c74-6ee6cd976673","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/12\/295.jpg","photo_position":"above","related_issue":[553855],"teaser":"","voice_url":""},"yoast_head":"\nRussia will start pouring money into RIZ buildout - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia will start pouring money into RIZ buildout\" \/>\n<meta property=\"og:description\" content=\"Russia will start financing the construction of its Russian Industrial Zone (RIZ) next year, First Deputy Minister of Industry and Trade Vasily Osmakov said at a Russian trade forum over the weekend, Russian news agency Tass reports. Construction was originally expected to begin in 2020 but was delayed by the covid-19 pandemic. Osmakov did not […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-12T04:00:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/295.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Russia will start pouring money into RIZ buildout\",\"datePublished\":\"2021-12-12T04:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/295.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Russia\",\"Russian Industrial Zone\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/russia-will-start-pouring-money-into-riz-buildout\/\",\"name\":\"Russia will start pouring money into RIZ buildout - 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Russian Industry and Trade Ministry official Roman Chekushov told the news organization that Egyptian officials \u201chighly appreciated\u201d the plans revealed by\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558895,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/work-on-the-riz-to-start-by-early-2022\/","url_meta":{"origin":553870,"position":1},"title":"Work on the RIZ to start by early 2022","author":"enterpriseam admin","date":"31 August 2021","format":false,"excerpt":"The Suez Canal Economic Zone will begin work on the new and improved Russian Industrial Zone (RIZ) by the beginning of next year, SCZone head Yehia Zakisaid (pdf) today during a meeting with a delegation of Russian companies interested in setting up shop in Egypt. Infrastructure work on the zone\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/315.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599178,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/riz-can-expect-to-see-100-new-agreements-signed-this-year\/","url_meta":{"origin":553870,"position":2},"title":"RIZ can expect to see 100 new agreements signed this year","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"INVESTMENT WATCH- Russia predicts 100 new agreements for RIZ this year: There is growing interest among Russian companies to set up shop in the USD 7 bn Russian Industrial Zone (RIZ), with the Russian Export Center (which is managing RIZ) expecting to see 100 new agreements signed this year, according\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558199,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/a-bigger-better-riz\/","url_meta":{"origin":553870,"position":3},"title":"A bigger, better RIZ","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"Russia is getting one super-sized RIZ: Egypt and Russia agreed last Thursday to expand the scope of the Russian Industrial Zone (RIZ) within the Suez Canal Economic Zone (SCZone), according to a statement. The two sides inked an agreement that will hand Russian companies an additional 5 mn square meters\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562750,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/russia-wants-another-riz-in-latest-sign-of-warming-ties-with-moscow\/","url_meta":{"origin":553870,"position":4},"title":"Russia wants another RIZ in latest sign of warming ties with Moscow","author":"enterpriseam admin","date":"6 June 2021","format":false,"excerpt":"Russia wants a second industrial zone in Egypt: The Suez Canal Economic Zone has received a request from Russia to establish a new Russian industrial zone in Ain Sokhna, SCZone Chairman Yehia Zaki said during a meeting with PM Moustafa Madbouly at the weekend.The statement is very light on details:\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/66.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601121,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/20-russian-companies-looking-at-russian-industrial-zone\/","url_meta":{"origin":553870,"position":5},"title":"20 Russian companies looking at Russian Industrial Zone","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"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.\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553870"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553870\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/553871"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553870"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553870"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}