Shifeng will build tractor factory in Bashkir Blagoveshchensk

UFA, 26 January 2018. /Bashinform News Agency, Olga Murtazina/. The list of priority investment projects of Bashkortostan includes a new facility - a plant for the tractors production in Blagoveshchensk. The investor is "Bashkir International Company "Shifeng", established in October 2017. It is owned by the Chinese company of the same name.

According to the Ministry of Economic Development RB, the total volume of investments is 5.7 billion rubles. The new production will require more than 500 jobs (for comparison: the Ufa "Kronospan" created about 250 jobs). The project is planned to be realized until 2020.

As explained by the Development Corporation RB, the investor’s plans to assembly YTO tractors in the Chishmy branch of the "Bashsel'skhoztekhnika" have changed. At present, a site for the project is defined in Blagoveshchensk.