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The program for the construction of woodworking plants in the Far Eastern Federal District will be presented at the WEF - EastRussia | Far East

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The program for the construction of woodworking plants in the Far Eastern Federal District will be presented at the WEF

The program for the construction of woodworking plants in the Far Eastern Federal District will be presented at the WEF
Photo: pixabay.com

During the fifth Eastern Economic Forum in Vladivostok, they will present a program for the construction of woodworking enterprises. It is being developed by the Far East Agency for attracting investments and export support, together with large investors, financial development institutions and state banks of the Russian Federation.

According to the agency, six pulp and paper mills will be created in the region. Their total capacity will be 5,5-6 million tons of marketable pulp per year. 10 thousand jobs will be formed at the production site.

The program has already become interested in leading Russian industrialists, large banks, leading state enterprises in China, Indonesia, Singapore, India and South Africa. This was announced by the head of the investment block of ANO IPA Daniil Polovinka. The volume of private investment is estimated at 10 billion US dollars.