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Resident of St. Petersburg launches production of galvanized steel in Ussuriysk - EastRussia | Far East

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Resident of St. Petersburg launches production of galvanized steel in Ussuriysk

Special project TORA and Free Port
The company "Leader Steel East" has implemented an investment project within the framework of the free port of Vladivostok, by launching the production of galvanized steel with polymer coating in the coastal Ussuriysk, the press service of the Far East Development Corporation (KRDV) said on Wednesday. Capital expenditures are estimated at 58 million rubles. The plant capacity today is 80 thousand tons of products per year.

"The preferences of the resident of the SPS allowed to reduce the cost of finished products and enter the regional market. The company plans to open a representative office in Moscow and launch a line for applying galvanized coating in Primorsky Krai, which will replace the imported goods on the domestic market of Russia, "the company's CEO Zhou Li said. As noted, zinc-coated steel produced in Shanghai is used as a raw material. The sale is mainly directed to the Russian Far East.

At the moment, 10 investment projects have been implemented by the residents of St. Petersburg. At the stage of construction and installation works are 26 objects, 21 object - at the design stage. In 2017, SPV is planning to launch 45 enterprises. During the validity period of the Federal Law "On the Free Port of Vladivostok", the KRDV received 422 applications for resident status. The total amount of announced investments in these projects exceeds 388 billion rubles. The projects envisage the creation of more than 38 thousand jobs. The status of the resident is granted to 258 companies with projects for 318 billion rubles, with their implementation it is planned to create about 29 thousand jobs.