Russia’s Ministry of Industry and Trade and the Crystal Growth Foundation have launched the official website of the Russian Industrial Zone in Egypt. Companies can submit applications to locate production at the site.
The website, russianindustrialzone.ru, provides information on placement conditions, infrastructure, tax and customs incentives, priority industries and how to obtain resident status. Companies can also submit an online application for a preliminary assessment of an investment project. The site is available in Russian, English, Chinese and Arabic.
Roman Chekushov, State Secretary and Deputy Minister of Industry and Trade of Russia, said the site would help companies understand the operating conditions and assess demand for their products in the markets of Egypt, Africa and the Middle East before making an investment decision. Alexander Galushka, president of the Crystal Growth Foundation, said companies can assess the terms, choose a placement option and apply.
