Chinese firm to produce smart tech in Russia’s Far East ...News

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Chinese firm to produce smart tech in Russia’s Far East
source : Russia Today ( News ) () 31
The company plans to invest more than $100 million in a new industrial park in Amur Region China’s Xuanyuan Group Industrial Development plans to create an industrial park in Russia’s Far Eastern Amur Region, the company announced on Sunday, according to TASS. It signed a declaration of intent with the Amur Region Investment Attraction Agency on the first day of the Eastern Economic Forum in Vladivostok. According to the deal, the Chinese company will invest up to 10 billion rubles ($102 million) in the industrial park, which will create over 400 jobs in the region. The park will produce smart equipment, including

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