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An investor from Singapore will build two timber processing complexes in the FEFD
Singapore’s Sudima International announced that it will build two timber processing plants in the Far East instead of one. The reason for this decision is the possible shortage of raw materials for loading one powerful complex.
According to the press service of the Far Eastern Investment Promotion and Export Promotion Agency (IPA), they planned to start production in the Primorsky Krai from the very beginning. However, then investors decided to divide the capacity and create another plant in Transbaikalia.
Now representatives of the IPA help the company in choosing a site for construction. The plants will produce parquet, furniture boards, lumber and fuel pellets.