Volga |

1,000 investment projects to start in the region

4 Oct '07
From 2007 to 2010 it is planned to launch more than 1,000 investment projects in the Nizhny Novgorod region, regional authorities report.

It is planned to set up factories to produce automobile components in the Gorodets, Bogorodsk and Lyskovo districts as well as to finish construction of a casting-rolling complex in the Vyksa district.

Moreover, regional authorities plan to build a polyvinyl chloride factory with 330,000 tons per annum production output in Kstovo and factories for production of goods for low-rise building in the Pavlovo, Shakhunya and Semenov districts. Construction projects also include a medium density fiberboard factory in the Uren district and a new shop at Borsky Glass Factory.

It is planned to create 16 brick producing factories, which will allow the region to increase its brick sales by 3.5 billion rubles ($141m).
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