The Government of the Republic and the Japanese investors are working together on implementing the project of a waste incineration plant. The cost of this unique construction is estimated at 6.5 billion rubles.
The Chinese investor intends to invest more than 750 million rubles in a timber processing facility in Buryatia. The government of the republic said that the relevant agreement on intent has been signed today by Alexey Tsydenov, the region’s head, and Li Shubo, TK-Jenkei CEO.
CR-JenK, Russo-Chinese company, started up the first stage of its wood processing facilities in the Dzhidinsky District, Buryatia. Investment in a joint project will total RUB 1 billion.
A solemn ceremony dedicated to laying the first stone in the foundation of the wood processing production complex in Ulan-Ude, took place today, on September 18. The agreement on intention to implement an investment project has been signed on June 5 with the Chinese-based MTC-Jenkei, LLC. According to the Department for Information Policy of the City; the total area of the land required for the project is 30 hectares. The project will be implemented on the production site in the Ulan-Ude, the village of Taltsy.
The international company Activa (PRC) has started implementing two projects in Buryatia totalling about RUR 1 bln. The Government of the Republic has informed on this today.
The second (following a Chinese) plant to bottle artesian Baikal water will go up in Buryatia, Russia. Pulmuone Co Ltd in Health and Wellness, South Korea, signed an agreement committing to the investment project in Ulan-Ude. ‘The plant’s projected capacity is 500,000 tonnes a year,” General Director of Buryatia’s Regional Development Fund Anatoly Dumnov said at the signing ceremony. According to the terms of the agreement, investment in the project will reach approximately $20m, with South Korea viewed as the main market for its products. According to Dumnov, bottled water will be carried along the Baikal-Amur mainline to the Far Eastern sea ports. The plant, covering an area of roughly 10 hectares, will be located in the North Baikal region, 43 km away from the town of Severobaikalsk. The water will be extracted from a deep-water artesian well in the lake. “The project will create over 100 workplaces,” the source in the Regional Development Fund added.