The project has provided 15,000 job opportunities during its first phases of establishment and production.
Rabie said that the agreement is a basic step to start the measures to establish the anticipated partnership between both sides after ending the economic fiscal studies and all the studies necessary for the project.
President Abdel Fattah el-Sisi inaugurated Fayrouz Fish Farm project east of Port Said on Saturday, a mega project that aims to increase the per capita share of fish and ultimately export to Arab and European countries.
Egypt has started establishing fish farms in Algeria, Malawi and Zimbabwe, and an animal production farm in Uganda.
Lead: A wrap-up for the most prominent business news of the day.
President Abdel Fatah al-Sisi inaugurated a number of major projects in Kafr El-Sheikh on Saturday.
President Abdel Fatah al-Sisi announced that twenty thousand greenhouses will be opened according to international standards before June 30 of 2018.
President Abdel Fatah al-Sisi inaugurates on Saturday a number of major projects in Kafr al-Sheikh.
President Abdel Fatah al-Sisi will launch the largest fish farm in the Middle East in Kafr el-Sheikh governorate in June.