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Investors from Lebanon are determined to build a cattlehide processing plant in Karabulak, as reported by Ingush Minister of Economic Development Beksultan Buzurtanov.
Investors from Lebanon to build cattlehide processing plant in Ingushetia
Investors from Lebanon are determined to build a cattlehide processing plant in Karabulak, as reported by Ingush Minister of Economic Development Beksultan Buzurtanov.
The plant will produce undyed leather for export. Lebanese investors already have similar plants in Beirut that export leather to European countries, Turkey and China. The investors intend to invest 200 million rubles in the project. Yunus-Bek Yevkurov, the President of Ingushetia, offered the Lebanese the industrial zone in Karabulak as the location of the future plant. He also commissioned the Ministry of Property to prepare all necessary documents for the start of the construction till 15 October. The officials of Ingushetia promised to create favorable conditions for construction and future extension of the plant.
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