A Finnish company started construction of a plastic film extrusion plant on Wednesdayat an industrial park near Kaluga in central Russia, a regional administration official said.
Ab Rani Plast Oy will be the first tenant of the Lemcon I-Park Kaluga industrial park, which is being created by Finland's Lemminkainen.
"It will be the first company in the first private industrial park in the Kaluga region, where about 20 industrial productions and logistics centers are supposed to be set on 135 hectares," the official told RIA Novosti.
"The plastic film extrusion plant is scheduled to be launched at the end of 2011. Investment in the project amounts to 20 million euros."
He said the industrial park was being created to offer investors "an effective and easy way to enter the Russian construction materials market."
KALUGA, Russia, Sept 22 (RIA Novosti)
