25 Aug '10
German company SIF&B intends to invest over $1.25bn building and developing industrial logistics park in Kaluga region, regional officials report.
The project is reportedly to be carried out under private-public partnership.
The logistics park is to be located near Vorsino technopark in the region’s Borovsky district.
Under the project, the logistics park is to have transport and logistics companies, railroad and auto terminals, container and storage complexes.
About 5,000 new jobs are to be created in the park by 2015, the officials said.