Ministry of Industry and Trade approves investment projects aimed at Pikalevo development
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The Ministry of Industry and Trade has approved four investment projects aimed at integrated development of Pikalevo in the Leningrad region. The project will be implement within the monocities development project. In particular, it is planned to construct a $107.35mln biochemical plant in Pikalevo to process timber to be commissioned by 2012. The project payback period is 43 months, annual design capacity - 15mln liters of biofuel. The production of biodegradable polymer will be organized in Pikalevo. Investments in the project are estimated at EUR280mln, payback period - seven years, design capacity - 107,000 tonnes per year. The enterprise is scheduled to come on stream in 2014. Besides, it is planned to construct a $40mln green house and a RUB210mln plant to produce houses from solid glued woodblock in the city, the Ministry of Industry and Trade said.
17.08.2010, 2069 просмотров.
