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Ssang Mun Co. Ltd

Ssang Mun Co. Ltd, a South Korean company, plans to invest 10 million US dollars in the construction of a plant for processing aquatic biological resources.

According to the Ministry for Development of the Far East of Russia, Ssang Mun Co. Ltd, a South Korean company, plans to build a plant for processing aquatic biological resources within the area of the Free Port of Vladivostok, the amount of investment is estimated at a minimum of 10 million US dollars.

The issues of economic cooperation were discussed at the working meeting of the Deputy Head of the Ministry for Development of the Far East of Russia Maxim Shereikin and the President of the South Korean company Ssang Mun Co. Ltd Lee Sang Yong. The talks resulted in the signing of a Memorandum of Understanding.

Ssang Mun Co. Ltd plans to build a plant for processing aquatic biological resources within the area of the Free Port of Vladivostok.

"The amount of investment is estimated at a minimum of 10 million US dollars. In the longer term, the amount of investment can be increased up to 50 million dollars", reads the statement.

09 October 2015
RIA Novosti
Investor
10.0 mln
Primorsky region

Investor profile

Ssang Mun Co. Ltd

South Korea

Private company

Contact: Lee Sang Yong, President

South Korean company for the processing of aquatic biological resources

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