The authorities of the Tula region concluded an investment contract at the St. Petersburg International Economic Forum on the construction of the second stage of the automobile plant of the Great Wall Motor (China) in the Uzlovaya industrial park. Investment in the project will amount to 27 billion rubles, the press service of the Tula Region government said on Thursday.
The plant of the Chinese concern Great Wall on Wednesday put into operation the production of off-road vehicles on the territory of the Uzlovaya special economic zone (SEZ) in the Tula Region.
Knauf, a German group of companies, has opened a plant for the production of cement slab for the construction industry in the city of Novomoskovsk, the Tula Region, the investment amounted to about 1.6 billion rubles. This is the first company in Russia to produce such goods, said the Governor of the region Alexey Dyumin on Monday at the plant launch ceremony.
The Russian Direct Investment Fund (RDIF) signed a strategic partnership agreement with China Energy Engineering Corporation (CEEC), one of the world's largest power and generation companies in the world. The agreement was signed at the St. Petersburg International Economic Forum.
The document was signed by Vyacheslav Fedorishchev, First Deputy Governor of the Tula Region, and Sotirios Marinidis, Vice President of Procter & Gamble in Eastern Europe and Central Asia. The agreement involves the implementation in the Tula region of an investment project to create new production lines, as well as the modernization of the existing production company. We are talking about an investment of 2 billion 400 million rubles.
Great Wall has completed the construction of its plant in the Tula Region, which will produce Haval crossovers.