{"id":575597,"date":"2020-10-20T04:20:59","date_gmt":"2020-10-20T04:20:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/russian-industrial-zone-in-egypt-to-begin-production-in-2022-ambassador\/"},"modified":"2020-10-20T04:20:59","modified_gmt":"2020-10-20T04:20:59","slug":"russian-industrial-zone-in-egypt-to-begin-production-in-2022-ambassador","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/russian-industrial-zone-in-egypt-to-begin-production-in-2022-ambassador\/","title":{"rendered":"Russian industrial zone in Egypt to begin production in 2022- ambassador"},"content":{"rendered":"

The Russian Industrial Zone (RIZ) is expected to be up and running in 2022<\/strong>, provided final talks to establish the zone are completed next year, Russia\u2019s ambassador to Egypt Georgy Borisenko said in an interview with Al Akhbar<\/a>. As many as 32 Russia-based companies are interested in setting up factories and \u201cmajor\u201d silos in the RIZ, and can begin production at that time if the negotiations are finalized, Borisenko said. Egypt is requiring that 90% of the zone\u2019s workers be Egyptian and that products exported from the zone to countries sharing freetrade zones with Egypt carry the \u201cmade in Egypt\u201d tag, Borisenko added. The RIZ was previously expected<\/a> to go online in 2020 and draw in investments<\/a> of nearly USD 7 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Russian Industrial Zone (RIZ) is expected to be up and running in 2022, provided final talks to establish the zone are completed next year, Russia\u2019s ambassador to Egypt Georgy Borisenko said in an interview with Al Akhbar. As many as 32 Russia-based companies are interested in setting up factories and \u201cmajor\u201d silos in the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[168,72,6109,131,3074,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575597","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-diplomacy","tag-enterpriseam","tag-georgy-borisenko","tag-manufacturing","tag-russian-industrial-zone","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b4138e3a-f56c-4774-81c3-1ca2beb3dc39","is_powered_by":true,"section_story_id":"958aae17-9582-4af8-a183-ae322ccf304b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575579],"teaser":"","voice_url":""},"yoast_head":"\nRussian industrial zone in Egypt to begin production in 2022- ambassador - 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\/2020\/10\/20\/russian-industrial-zone-in-egypt-to-begin-production-in-2022-ambassador\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russian industrial zone in Egypt to begin production in 2022- ambassador\" \/>\n<meta property=\"og:description\" content=\"The Russian Industrial Zone (RIZ) is expected to be up and running in 2022, provided final talks to establish the zone are completed next year, Russia\u2019s ambassador to Egypt Georgy Borisenko said in an interview with Al Akhbar. 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The\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":562750,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/russia-wants-another-riz-in-latest-sign-of-warming-ties-with-moscow\/","url_meta":{"origin":575597,"position":1},"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":631162,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/12\/russian-business-delegation-to-visit-egypt-this-month-to-look-into-riz-development\/","url_meta":{"origin":575597,"position":2},"title":"Russian business delegation to visit Egypt this month to look into RIZ development","author":"enterpriseam admin","date":"12 March 2018","format":false,"excerpt":"A Russian business delegation is expected to visit Egypt this month to look into developing the USD 7 bn Russian Industrial Zone (RIZ), an unnamed government source tells Al Borsa. The 5.25 mn sqm zone will be built in three phases spanning 13 years, with work on the first set\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":571066,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/28\/russia-appoints-new-ambassador-to-egypt\/","url_meta":{"origin":575597,"position":3},"title":"Russia appoints new ambassador to Egypt","author":"enterpriseam admin","date":"28 April 2020","format":false,"excerpt":"Russian President Vladimir Putin has appointed Georgy Borisenko as Russia\u2019s new ambassador to Egypt, according to Russian news agency TASS. Borisenko, who is currently head of the Russian Foreign Ministry\u2019s North America department, will Sergei Kirpichenko, who died suddenly at a Cairo hospital last year.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628456,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/on-the-horizon-20\/","url_meta":{"origin":575597,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"The Egyptian and Russian foreign and defense ministers are scheduled to meet in Moscow on 14 May, Russian Foreign Ministry spokeswoman Maria Zakharova said on Friday, according to TASS. The two countries\u2019 ministers are expected to discuss \u201cthe state of affairs in key areas of Russian-Egyptian cooperation,\u201d as well as\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622235,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/belarus-invited-to-take-part-in-russian-industrial-zone\/","url_meta":{"origin":575597,"position":5},"title":"Belarus invited to take part in Russian Industrial Zone","author":"enterpriseam admin","date":"29 November 2018","format":false,"excerpt":"Belarus invest in the USD 7 bn Russian Industrial Zone (RIZ), MENA quoted Belarusian Ambassador to Egypt Sergei Rachkov as saying, according to Belarus News. Rachkov said that his country is \u201cconsidering the possibilities,\u201d but did not offer further details. 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