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Russian media: Chengtong Group will go to the Russian Far East to investigate investment paper pulp project

[ Time:2017-05-26 Click:1391 ]

Russian media said that the Russian Far East Development Ministry press office, Chinese Chengtong Group Holdings Limited (hereinafter referred to as the Chengtong Group) said the plan in July signed a memorandum to the Khabarovsk border and pulp papermaking factory investment of 1 billion dollars.

The announcement said: "Prudential Group plans to implement the construction of pulp and paper mill projects in the border area of Khabarovsk (Amur city), and invest about 1000000000 US dollars in the Far East, creating 1500 jobs.


In May 15th, Chengtong Group President Zhu Bixin met in Beijing to attend the "The Belt and Road" International Cooperation Forum of the Russian Far East Development Minister Gallus C, the two sides had in-depth exchange of investment cooperation in the Russian far east.


Zhu Bixin said, Chinese Chengtong attaches great importance to the investment in Russia, actively support its subsidiary China paper in the Russian Far East Forestry Investment and construction in Khabarovsk state pulp mill projects. Next, China paper will send a good team of experts to Russia to further investigate, and on the basis of full demonstration, to promote the implementation of the project, to achieve mutual benefit and win-win situation.


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