The construction of the plant, supposed to produce up to 500,000 cubic meters of wood-boards a year, can start soon. All design work, agreements with subcontractors and regional approvals are in place
The Kalevala investment group consists of both Russian and foreign investors, reports the web-portal of the Republic of Karelia.
- We should support such projects, says Karelian Governor Sergey Katanandov. – When most of the factories in the town have closed, it is a great success that a new large enterprise is going to appear.
The Governor of the Republic has promised assistance to the investor in involvement of federal co-financing in construction of the infrastructure. The project has a chance to receive the status of the priority at the all-Russian level that will provide a number of advantages at its implementation.