Today, under the chairmanship of Deputy Prime Minister of the Government of the Republic of Bashkortostan Ilshat Tazhitdinov, a regular meeting of the Expert Council of the special economic zone “Alga” was held, at which the Kronoshpan group of companies presented two major investment projects. The implementation of these projects is planned as part of the holding’s overall development strategy in the Russian Federation.
According to the investor, the project of Kronoshpan MDF LLC provides for the creation of production of wood-fiber boards (MDF) in the amount of 470 thousand cubic meters per year. The volume of investments in the economy is estimated at 7.7 billion rubles, with the creation of 120 new jobs. Within the framework of the project, it is planned to produce medium and high density fiberboard. The products offered for production will be used in the manufacture of furniture, for wall and ceiling cladding, as a decoration for front surfaces, when laying floors and in a number of other areas. The sale of manufactured products is planned on the territory of the Republic of Bashkortostan, nearby regions and Asian countries.
The second project of Kronohem Ufa LLC with an investment volume of 4 billion rubles involves the creation of a plant for the production of raw materials necessary for the production of plates. It will create 20 jobs. The products offered for production will be used in the furniture industry and the production of floor coverings.
The investment projects of LLC Kronoshpan MDF and LLC Kronohem Ufa were highly appreciated by the members of the Expert Council and were recommended for implementation on the territory of the SEZ “Alga”.
In the near future, it is planned to conclude agreements with companies on conducting industrial and production activities on the territory of the SEZ and send relevant documents to the Ministry of Economic Development of Russia to consider the inclusion of the company in the register of residents of the SEZ “Alga”.