MOSCOW TIME: 26.04.2024 04:11:10
Investments to be made by Haier, a Chinese company, into a Tatarstan facility will total RUB 3.2 billion. The facility is expected to make a pilot run in March.
Chinese investments into a Tatarstan facility to total RUB 3.2 billion
Investments to be made by Haier, a Chinese company, into a Tatarstan facility will total RUB 3.2 billion. The facility is expected to make a pilot run in March.
The official opening ceremony will take place in April, according to Taliya Minullina, the Head of the Tatarstan Investment Development Agency. According to her, all equipment has already been supplied and personnel has been appropriately trained.
The agreement for constructing the facility to produce refrigerators in Tatarstan was executed in March 2014. For the company, the production facility to be erected in the territory of KIP Master, a Kama industrial park, will be first in Russia. Investments to be made in the project are estimated at $50 million.
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