Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far East region of Primorye in which it will invest more than $200 million. The company signed a letter of intent on this investment project with the Far East Investment and Export Agency, the Far East Development Ministry's press service reported. "The new enterprise will produce parquet, furniture boards, lumber and pellets," agency CEO Leonid Petukhov was quoted as saying. India's KGK might become a co-investor ...
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