Russian Industrial Zone (RIZ - Ain Sokhna)
Russian Industrial Zone (RIZ - Ain Sokhna) is a Special Economic Zone located in EG, established in 2018, regulated by the General Authority for the Suez Canal Economic Zone (SCZONE).
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | EG |
| Year Established | 2018 |
| Governing Authority | General Authority for the Suez Canal Economic Zone (SCZONE) |
| Status | under_development |
Investment Incentives
Operating in SCZONE, RIZ benefits from a special customs and tax regime including 0% customs on project inputs and streamlined one‑stop‑shop procedures. The intergovernmental agreement provides long‑term regulatory stability for the zone (agreement term up to 50 years), enhancing certainty for investors.
About Russian Industrial Zone (RIZ - Ain Sokhna)
The Russian Industrial Zone (RIZ) is a dedicated industrial area for Russian manufacturers within the Suez Canal Economic Zone, located at Ain Sokhna on the Gulf of Suez. Created under an intergovernmental agreement in 2018, it is designed to host export‑oriented industries and leverage SCZONE’s ports and logistics to serve Middle East and African markets. The project is developed in coordination with the General Authority for the Suez Canal Economic Zone (SCZONE) and Russian industry bodies, with implementation steps ongoing.
Frequently Asked Questions
What type of zone is Russian Industrial Zone (RIZ - Ain Sokhna)?
Russian Industrial Zone (RIZ - Ain Sokhna) is a Special Economic Zone.
Where is Russian Industrial Zone (RIZ - Ain Sokhna) located?
Russian Industrial Zone (RIZ - Ain Sokhna) is located in EG.
When was Russian Industrial Zone (RIZ - Ain Sokhna) established?
Russian Industrial Zone (RIZ - Ain Sokhna) was established in 2018.
Who regulates Russian Industrial Zone (RIZ - Ain Sokhna)?
Russian Industrial Zone (RIZ - Ain Sokhna) is regulated by the General Authority for the Suez Canal Economic Zone (SCZONE).
What are the investment incentives at Russian Industrial Zone (RIZ - Ain Sokhna)?
Operating in SCZONE, RIZ benefits from a special customs and tax regime including 0% customs on project inputs and streamlined one‑stop‑shop procedures. The intergovernmental agreement provides long‑term regulatory stability for the zone (agreement term up to 50 years), enhancing certainty for investors.