Egypt and Russia advance Suez industrial zone
Egypt and Russia are discussing the acceleration of the implementation of the Russian industrial zone within the Suez Canal Economic Zone. They reviewed the selection of the Russian developer and efforts related to construction and development to enhance industrial and commercial investments. The meeting focused on speeding up the project’s progress and enabling both countries to benefit from economic opportunities. Additionally, they discussed expanding cooperation in heavy industries, automotive manufacturing, digital transformation technologies, and artificial intelligence, with the aim of transferring expertise, localizing technology, and strengthening partnerships in priority technological sectors.
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