{"id":649526,"date":"2017-03-02T04:12:40","date_gmt":"2017-03-02T04:12:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/"},"modified":"2017-03-02T04:12:40","modified_gmt":"2017-03-02T04:12:40","slug":"usd-22-bn-russian-industrial-zone-taking-shape","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/","title":{"rendered":"USD 22 bn Russian Industrial Zone taking shape"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Welcome, Comrades: Russian delegation outlines USD 22 bn in investment in new <\/strong><strong>industrial zone. <\/strong>A framework agreement that will set a timeline for the Russian Industrial Zone (RIZ) in East Port Said is set to be signed in June and will include 17 projects with total investment of USD 22 bn, First Deputy Minister of Industry and Trade Gleb Nikitin said at a press conference we attended yesterday. Nikitin is heading a Russian business delegation on a two-day visit. On the agenda is a visit today to China\u2019s TEDA Industrial Zone in Ain Sokhna. Key takeaways:<\/p>\n<ul type=\"disc\">\n<li><strong>A land plot has yet to be allocated<\/strong> <strong>\u2014 <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2016\/09\/20\/kabil-discusses-chaos-in-commercial-sector-automotive-directive-food-import-bans\/\"><strong>contrary to previous reports<\/strong><\/a><strong>.<\/strong> \u201cThere are still unresolved issues,\u201d Nikitin said, but stressed he is sure both sides will come to an agreement. Project developer <a href=\"http:\/\/www.technomoscow.ru\/en\/about\/\">Technopolis Moscow<\/a> is looking for something on the order of 2,000 hectares, company CEO Igor Ischenko said.<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li><strong>Priority industries for the Russian Industrial Zone include <\/strong>car manufacturing, shipbuilding, metalworks, agricultural equipment manufacturing, and medical technology. <\/li>\n<li>The project will be <strong>executed in three phases<\/strong> and is set to be completed over 30 years, Ischenko said. <\/li>\n<li>The RIZ will eventually have its own management company. <\/li>\n<li>Two-thirds of the zone will be industrial, with the rest consisting of residential areas and amenities, Daniel Dendra from anOtherArchitect told us. <\/li>\n<li><strong>Egyptian banks and other financial institutions are welcome to participate in the financing package <\/strong>for the zone, which has yet to reach financial close, said Russian Export Center CEO Petr Fradkov.<\/li>\n<\/ul>\n<p>Shahid Law Firm is advising the Russian delegation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome, Comrades: Russian delegation outlines USD 22 bn in investment in new industrial zone. A framework agreement that will set a timeline for the Russian Industrial Zone (RIZ) in East Port Said is set to be signed in June and will include 17 projects with total investment of USD 22 bn, First Deputy Minister of [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649526","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"310f9dcf-3dbb-4f82-8d9f-5069a3a7584b","order":"0","is_powered_by":true,"section_story_id":"4e7b4344-d756-44ce-a21a-6e082bd6dfbb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649512],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>USD 22 bn Russian Industrial Zone taking shape - 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\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USD 22 bn Russian Industrial Zone taking shape\" \/>\n<meta property=\"og:description\" content=\"Welcome, Comrades: Russian delegation outlines USD 22 bn in investment in new industrial zone. A framework agreement that will set a timeline for the Russian Industrial Zone (RIZ) in East Port Said is set to be signed in June and will include 17 projects with total investment of USD 22 bn, First Deputy Minister of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-02T04:12:40+00:00\" \/>\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\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"USD 22 bn Russian Industrial Zone taking shape\",\"datePublished\":\"2017-03-02T04:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/usd-22-bn-russian-industrial-zone-taking-shape\/\",\"name\":\"USD 22 bn Russian Industrial Zone taking shape - 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Moscow\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","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":563942,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/russia-will-have-an-industrial-zone-in-ain-sokhna-later-this-year\/","url_meta":{"origin":649526,"position":1},"title":"Russia will have an industrial zone in Ain Sokhna later this year","author":"enterpriseam admin","date":"29 July 2021","format":false,"excerpt":"Russia\u2019s Ain Sokhna industrial zone to be completed by year-end: Russia will complete its industrial zone in Ain Sokhna within the next five months, SCZone Chairman Yehia Zaki told Sputnik during a visit to Russia yesterday.Russian companies now have the right to set up shop in the SCZone after the\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/293.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":649526,"position":2},"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 &quot;Investment Watch&quot;","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":575597,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/russian-industrial-zone-in-egypt-to-begin-production-in-2022-ambassador\/","url_meta":{"origin":649526,"position":3},"title":"Russian industrial zone in Egypt to begin production in 2022- ambassador","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":649526,"position":4},"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 &quot;Investment Watch&quot;","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":599178,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/riz-can-expect-to-see-100-new-agreements-signed-this-year\/","url_meta":{"origin":649526,"position":5},"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 &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649526","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=649526"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649526\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649512"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649526"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649526"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}