Negotiations over developing Egypt's Suez Canal Zone progressing smoothly

Head of the Suez Canal Authority and Economic Zone, Mohab Mamish, announced on Monday that progress on reaching development agreements for expanding Egypt's industrial shipping zones in Port Said and Ain Sokhna is being rapidly made.

Following a meeting with Egypt's Minister of Industry and Trade Tarek Kabil to discuss the latest work on Egypt's Suez Canal region, Mamish noted that negotiations with Dubai Ports (DP) are close to reaching an agreement to further develop Egypt's Ain Sokhna port region.



Moreover, Minister Kabil affirmed that negotiations between the Egyptian and Russian sides on the establishment of a Russian Industrial Zone in eastern Port Said are progressing smoothly.