The Chinese are coming to the Russian forest

Ministry of Industry agreed on the participation of Chinese partners in financing the construction of two pulp mills in Russia worth more than $ 3 billion, as well as the final product shipments to China. This "News" the ministry said after a meeting with Chinese partners.
This week, during the official visit of the Russian delegation to China, led by Deputy Minister of Industry and Trade Minister Viktor Evtukhov, we held talks on the development of investment cooperation between the two countries in terms of forest products and the joint use of forest resources in Russia.
- At present, China consumes about 25 million tons of market pulp per year, and its consumption is growing annually by 5-10%, - said Victor Evtukhov.
According to the Industry and Trade Ministry, the Chinese investors are ready to finance the construction of two pulp mills in Siberia totaling $ 1 billion.
It is about building a factory in the city of Amursk (Khabarovsk region) with a capacity of up to 750 ths. Tons of softwood pulp per year, as well as about the project pulp mill in the Yenisei district of the Krasnoyarsk Territory capacity of 900 ths. Tons. The total cost of the first project is valued at more than $ 1 billion , the second -. about $ 2 billion construction works is scheduled for completion in 2019.
The Russian delegation held talks on the joint construction of a plant in Amursk with China's largest state holding Chentong, which also includes China Paper Company. On the Russian side the project monitor "RFP-Group", VEB and the Agency of the Far East to attract investment and support exports.
The press service of Vnesheconombank "News" reported that the construction of pulp production in Amursk is a promising strategic project of development of the Far East timber industry cluster.
- Work on the cluster conducted in cooperation with the Ministry of Industry and Minvostokrazvitiya Russian Vnesheconombank under the supervision and with the participation of potential residents of the cluster - "RFP-Group" and "Asia Forest". With the company Chenptong VEB were talks about the prospects of China's participation in the construction of pulp production in Amursk. They agreed to create a joint with Chentong, China Paper, RFP and Vnesheconombank working group for more detailed study of the project. The next joint meeting is scheduled for January 2017, - said the representative of the bank.
Another plant - in the Yenisei district of the Krasnoyarsk Territory - realized LLC "Siberian Forest", together with the Chinese engineering company CAMCE, as well as the China Development Bank, which the company "Siberian forest" memorandum.
Industry and Trade Ministry spokesman said that under the Amursk project is expected that investments of investors from China amount to about $ 600 million, and will be attracted another $ 400 million to build a plant in the Krasnoyarsk Territory.
- The rest of the funds for these projects will provide Russian companies. And also, most likely, they will be involved in the major European and Asian companies. In March, China's Ministry of Commerce in conjunction with the Ministry of Industry will hold an investment seminar, a sort of road show Russian investment in the forestry sector, - noted in the department.
Ministry of Industry is also ready to apply the industry support measures, which are now available to industry companies in three main areas: promotion of enterprise development, export development and technology development.
In support of the industry implemented a number of initiatives, such as interest rate subsidies on loans, the implementation of priority investment projects, the use of the mechanism of special contracts for the purpose of production localization, implementation of complex investment projects, financing of pre-production stage of the project at a reduced rate of 5% by the Industrial Development Fund, We noted in the department.
Currently, the Ministry of Industry, together with the industry the scientific and business community to develop a draft Strategy for the Development of forest complex until 2030. The strategy will include the development direction of all major sub-sectors of the timber industry, including the pulp and paper industry. As a result of the development of industry support measures will be complemented by strategies.