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Korean investors file application for construction of new plant in Khabarovsk with Far East Development Corporation

Investors originating from Korea plan to create a facility in the Russian Far East's capital to make PVC food wraps and wicketed bags for automated and semi-automated machines. The total amount announced to be invested in the project is RUB 777.7 million.

The facility is expected to be hosted by the Rakitnoye Priority Social and Economic Development Area in Khabarovsk. The facility must start its output in 2018.

By the way, this is not the only example of fruitful cooperation with representatives of businesses originating from the Republic of Korea. Earlier, Korean investors injected capital in a project devoted to launching a facility at Rakitnoye's site to make car components which already operates.

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