At the IX Eastern Economic Forum, an agreement was signed between the Far East and Arctic Development Corporation (FEDC) and “Shouneng Investment Management” company. As part of the project, the investor plans to build a deep wood processing plant and a multifunctional marine logistics terminal. The document was signed by Kirill Kamenev, Deputy General Director of FEDC, and Yu Zhihai, Chairman of the Board of Directors of “Shouneng Investment Management”.
"We are expanding the number of projects in the Sakhalin Region. A timber processing complex for deep wood processing will be built in the Tymovsky District - a modern technological line will be installed here, which will allow the production of parquet boards, veneer, house kits, plywood and much more. These products are in demand not only on the domestic market, but also have significant export potential. In addition, it is planned to create a multifunctional logistics complex in the seaport of Aleksandrovsk-Sakhalinsky, which will become an important logistics hub for the export of products from the Sakhalin Region," said Yu Zhihai, Chairman of the Board of Directors of “Shouneng Investment Management”.
According to the agreement with the FEDC, the investor will invest 200 million rubles in new projects to build a timber processing complex, and about 60 billion rubles in a marine multifunctional complex. The new enterprises will create 716 new jobs. The FEDC will assist the investor in selecting and applying support measures for the implementation of projects. Thus, within the framework of the preferential regime of the priority development area, the investor can obtain a land plot for the project in a simplified manner, as well as take advantage of significant tax benefits.
