Composite poles production for road industry will be launched at Alga SEZ

Anatoly Pavlov, General Director of Electrotex-ITS LLC, spoke about the project to produce reinforced composite poles for street lamps, road signs, and various technical means during an online session of the “Investment Hour”. It includes constructing a complex of technological lines in the Alga special economic zone (SEZ) territory, which will attract 400 specialists. The total project cost exceeds 1 billion rubles.

The new complex is planned to be launched in August 2021. The production facilities should reach their design capacity by 2024.

According to the investor, the new poles are lightweight, safe, and corrosion-resistant. The demand for such designs is growing in various industries. As support measures, the project will be provided with preferences for residents of the SEZ, as well as part of the interest rate on loans will be reimbursed.