7 Jun '10
Corporation Master intends to invest $620m building a cement factory in Kaluga region, news agency REGNUM reports.
The project is reportedly to be carried out in partnership with state-run Vnesheconombank.
Under plans, the plant, to be located in the region’s Duminichesky district, is to create 1,000 new local jobs.
The factory’s projected daily capacity is 10,000 tons of cement.
The project is scheduled to be carried out in the next five years.