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Chinese investors in the Amur-Khinganskaya Tor Foundation Change the Concept for the Development of Their Projects - EastRussia | Far East

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Chinese investors of the TOR "Amur-Khinganskaya" changed the concept of development of their projects

Investors of the Amur-Khinganskaya Tor Foundation - Heilongjiang Province Investment Corporation LLC and Heilongjiang Province Amur Complex Complex LLC –– decided to change the concept for the development of their projects and focus on the processing of agricultural products. By the end of 2019, the production of soybean oil should begin, followed by the deep processing of soybean.

According to the press service of the Government of the Jewish Autonomous Region, investors also decided to build an exhibition fair complex for agricultural equipment and to set up a woodworking enterprise. But in the logistics project the company refused to build a hotel complex. Instead, they will build two administrative buildings.

According to the governor of the Jewish Autonomous Region, Alexander Levintal, due to changes, the project implementation deadlines will move, but not significantly. More detailed proposals of investors will be discussed at a meeting of the supervisory board of the Torus Association “Amur-Khinganskaya”.