M.Suresh Vladivostok, LLC, a business unit of Indian group M. Suresh (part of De Beers corporation), opened production of diamonds from rough stones supplied by ALROSA, as reported by the press office of Far East Development Corporation, JSC (KRDV).
Fesco, a Russian transport group, plans to invest 260 million dollars in the creation of a coal terminal in Zarubino in Primorye by 2023 together with Erdenes-Tavan Tolgoi, a Mongolian coal-mining state company, told Alexander Isurin, head of the group, in an interview to RIA Novosti.
Legend Agroholding owned by the Chinese Joyvio Beidahuang Agricultural Holdings (JBA), will build a plant for deep processing of soybeans in Ussuriysk, Primorsky Territory.
According to the press service of RosSelkhozBank, the agreement on cooperation between the Bank and the company to create a vertically integrated agricultural holding was signed during the Eastern Economic Forum.
Dalselkor, a unit of Heilongjiang Province Liangtai Agricultural Science and Technology Development, is implementing a project for rice and soy cultivation, processing, packaging and storage at the priority development area (PDA) Mikhailovsky in Primorye. The complex's capacity is 50 tons a year, as reported by the Far East Investment and Export Agency. According to the Agency, RUB 200 million has already been invested in the project, with RUB 3.27 billion more to be invested by 2023.
McDonald's fast food chain plans to open several restaurants in Vladivostok and Primorsky Territory next year. This was announced during the negotiations of the City Mayor with the company CEO in Russia during the Eastern Economic Forum (EEF), reported city administration of Vladivostok on Thursday on its official website.
Mazda Sollers Manufacturing Rus, a Mazda engine plant in Vladivostok, is going to increase the production of Skyactiv-G engines by six times in 2020. This was reported by Dmitry Kudinov, General Director of the plant, to TASS at the Eastern Economic Forum (EEF).