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Chinese businessmen to open industrial park in Moscow region

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MOSCOW, July 14 (RIA Novosti, Dina Zhiltsova) - Chinese businessmen are set to open a 10-square-kilometer industrial park in the Moscow region, the regional economy minister said Thursday.

Vyacheslav Krymov said investments in the project amount to $1.5 billion.

The minister and a representative of the Moscow Regional Duma, regional parliament's lower house, met with a delegation from the Standing Committee of the People's Congress of the Jiangsu province today to conclude an agreement on the issue.

Krymov said that the final decision on the site and production activities of the park would be made at the next meeting in September 2005.

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