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Timber industry of the Tomsk Region in 2019 see an annual growth of 41

Posted on July 6, 2020

The government's initiative includes the creation of Les-Export LLC to establish logging infrastructure in hard-to-reach forest areas of Aleksandrovsky and Kargasoksky districts, promoting development.

An integrated wood processing project is set to be realized in Krasny Yar village, Krivosheinsky district, before 2024, with a budget of 1 billion rubles ($15 million) and 227 new job opportunities.

Sibirles LLC, a Russian-Chinese venture, plans to invest about 2 billion rubles ($30 million) by 2023, with Chinese investor Sunyuan already contributing over $15 million USD, aiming to further raise investments to $30 million.