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Indian investors interested in Transbaikal forest - EastRussia | Far East

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Indian investors are interested in the Transbaikal forest

Indian investors are interested in the Transbaikal forest
Photo: pixabay.com

Summing up the results of the first two days of the fifth Eastern Economic Forum, the head of the Trans-Baikal Territory, Alexander Osipov, noted that foreign investors drew attention to a number of promising areas for the development of the regional economy. “The Indian side, together with other foreign investors, expressed interest in the possibilities of building a plant for deep processing of wood. We discussed what forests are available, what species and qualities, what high-tech products can be created from them, ”said Alexander Osipov, adding that in the near future the regional government and foreign partners will look for ways to implement this project.

Alexander Osipov also singled out an agreement signed with Mosstroytrans Corporation on the development of the Kutinsky and Ureysky coal deposits. According to him, the leadership of the region is interested not only in the implementation of the project, but also in compliance with environmental standards. “For us it is important how coal will transport coal, where it will be delivered, in what condition the roads will be. It is also important that the environmental requirements are observed and that roads are preserved or regularly repaired, ”he said, summing up the work of representatives of the Trans-Baikal Territory for the first two days of the WEF.