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#industrial zone

A number of Russian companies are planning to invest a total of USD 4.6 billion to create an industrial zone near Egypt's Suez Canal, RT reported. Russia is set to establish the industrial zone in a two million square meter area in East Port Said, with construction expected to begin in 2018. The zone will bring together Russian companies such as Kamaz, GAZ, UAZ, Transmashholding, Gazprom Neft and Inter RAO, among others. RT also reported that the design and construction…