Systematic steps of cooperation

On November 7, 2016 in St. Petersburg the leaders of the two companies CAMCE Investment Management Co (China) and SIBERWOOD HOLDING LTD (Cyprus) signed a Framework investment agreement.

 

The aim of the Framework investment agreement is to define the terms and conditions under which the parties will enter into a co-investment of a new pulp mill, planned for construction in the Yenisei district of the Krasnoyarsk region.

 

The signing of the Agreement has become the following step as planned in realization of the investment project "Construction of wood-chemical complex in the Yenisei district of the Krasnoyarsk region" and a logical continuation of the development of business relations between the companies of Russia and China. Results, successes and problematic issues of bilateral cooperation were discussed that day by representatives of more than 60 leading Russian and Chinese companies during the second session of the Russian-Chinese business advisory committee, headed by the General Director of the Russian Direct Investment Fund Kirill Dmitriev, and Chairman and CEO of CIC Dean Syueduna.

 

Contact person from LLC “Siber Wood”

Victoria Umanskaya

umanskaya@siberwood.com