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Russian companies will participate in building process of projects on Arab Republic of Egypt territory

10.02.15

His Excellence the Minister of Economic Development of the Russian Federation Aleksey Ulyukaev and His Excellence the Minister of Investment of the Arab Republic of Egypt Ashraf Salman have signed Memorandum in the presence of the Presidents of the Russian Federation and the Arab Republic of Egypt on the 10 th February, 2015. This Memorandum is dedicated for mutual understanding between the Ministry of Economic Development of the Russian Federation and the Ministry of Investment of the Arab Republic of Egypt about attracting investments and participation in the implementation of projects on the territory of the Arab Republic of Egypt.

According to the document, The Russian Side will provide assistance to Russian companies interested in designing and implementing projects on the territory of the Arab Republic of Egypt and the Egyptian Side will provide information about projects, where participation of Russian companies is possible.

Moreover The Sides will hold negotiations and consultations on the issues of attracting investments, exchange of information on laws and regulations in the field of investment as well as the participation of Russian companies in the design and implementation of projects on the territory of the Arab Republic of Egypt.

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