Volga | Industry, manufacturing

Chuvashia eyes SEZ with $2.15bn investment

15 Dec '09
Authorities in the Republic of Chuvashia have announced plans to set up a special economic zone in the region with investment from residents expected at $2.15bn.

The SEZ is reportedly to be set up around chemical plant Khimprom in the city of Novocheboksarsk.

Under the project, the SEZ is to have a special gases plant, a plant to produce hydrogen peroxide with annual capacity of 60,000 tons, polysilicon factory with annual capacity of 5,000 tons and glyphosate factory with annual capacity of 20,000 tons.
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