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Oriented strand board (OSB) industrial complex to be built in Nizhny Novgorod Region

Oriented strand board (OSB) industrial complex to be built in Nizhny Novgorod Region
Dec 21
The Governor of the Nizhny Novgorod Region held a working meeting with the Chinese corporation Sichuan Raywell Investment Co., Ltd., which plans to build a plant for the production of OSB slabs at the production site of Real-Invest CJSC in the Balakhninsky district on December 20

The project for the construction of the plant was developed by Real-Invest, and a construction permit has already been received.

The total investment in the project is 12 billion rubles, the number of jobs - 400.

Sichuan Realway Investment Co., Ltd. plans to start construction in June 2019 and start the plant in 2021.

The project “Development Corporation of the Nizhny Novgorod Region” will accompany the project implementation.

Information about Sichuan Railways Investment Co., Ltd.
Sichuan Railway Investment Group Co., Ltd. is a large state-owned investment corporation, established by the Sichuan Province People's Government, which participates in the financing and construction of the main state railways, local railways and roads, and administers them on behalf of Sichuan province.

The authorized capital is 20 billion yuan, total assets - more than 230 billion yuan, annual income from operations - 50 billion yuan, the number of employees - 20 thousand.

The activities of the corporation include such areas as: financing the construction of railways and highways, construction of engineering structures and hydroelectric power plants, mining, logistics and trade, the development of urbanization of a new type, intelligent transport system, financial services, agriculture, etc.

Investment and construction projects are implemented in 28 provinces and cities of China, and business is carried out in Russia, Europe, Africa, Australia, Central Asia and other foreign markets.

Until 2020, Sichuan Railway Investment Group Co., Ltd., as part of the financing and construction of railways and highways, is simultaneously developing related industries. The assets will be more than 400 billion yuan and will bring income in the amount of more than 200 billion yuan.

On the implementation of projects of Sichuan Railway Investment Group Co., Ltd. in the territory of the Russian Federation

In May 2016, in Moscow, between Sichuan Railways Investment Group Co., Ltd. and PJSC Chuvash Republic Development Corporation, a Protocol of Intent on cooperation was signed within the framework of the Chuvashia-Sichuan Agropark project (hereinafter referred to as Agropark).

February 8, 2018, Sichuan-Chuvashia Agro-Industrial Trade Company LLC was established to implement the project to create an agropark.

The volume of investments in the project is 10 billion rubles.

The number of jobs created is more than 100.

In the framework of the first stage of the project, a farm for two thousand heads of cattle for meat production, a dairy complex for four thousand heads of cattle, a complex for manure disposal will be built.

In the framework of the second stage, it is planned to build an innovative greenhouse complex. Meat, milk and vegetables will be supplied to the domestic market, as well as to China.