The press service of the Lotus Special Economic Zone reports that Ferragu Abrasivi, Italy’s leading manufacturer of tool brushes, will launch a plant with a capacity of 3.1 million brushes and abrasives per year in the Astrakhan region. Investment in the project will be RUB 828.8 million, they say.
On the sidelines of the Russian Investment Forum in Sochi, the authorities of Astrakhan signed with National Cable Way an agreement on the construction of a funicular connecting the Kirov and Trusovsky Districts of the city, TASS correspondent reports.
The Spanish Acopafi will localize the production of ship furniture in the “Lotos” Special Economic Zone (SEZ) in the Astrakhan Region. The relevant memorandum on cooperation has been signed by the United Shipbuilding Corporation (USC) and Acopafi on the sidelines of the Neva-2017 forum.
The advisory board of Lotos, Special Economic Zone, approved the business plan of the Technology - 21 Century, JSC investment project for the production of tool brushes and abrasive materials.
The Eurasian Development Bank (EADB) will provide a loan of 1.6 billion rubles to the Solar Systems Company (a subsidiary of the Chinese Amur Sirius Power Equipment Co.) for the construction of a solar power station in the Astrakhan Region. The relevant agreement has been signed in Moscow at the 12th EADB Conference “The Eurasian Integration”, as the Company’s representatives reported on Tuesday.
The Azerbaijani Atef russ company – the first foreign resident of a special economic zone (SEZ) in Astrakhan – laid the first symbolic stone at the construction site of an electric equipment plant.