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05:28 (UTC+5), 17 May 2024

Chinese company plans to produce agricultural products jointly with Bashkiria

Tatyana Aksyutina

The official delegation of Bashkiria visited China, and the General Director of the Zhengzhou Supply Management Company in China, Liu Wei, met with them to discuss prospects for cooperation in the agricultural sector.

Deputy Prime Minister of the Government of the Republic - Minister of Agriculture Ilshat Fazrakhmanov presented the possibilities of the agro-industrial sector of Bashkiria and spoke about various preferences investors can receive. He noted that creating joint agricultural production in Bashkiria could be beneficial. In turn, Liu Wei called such cooperation very promising.

“Now, we are discovering the features of the local market and studying indicators to formulate and present our investment project for opening an enterprise in Bashkortostan. Preliminarily, we estimate its cost at $80-100 million,” said Liu Wei.

Let us remind you that the visit of the official and business delegation of Bashkiria to the PRC was organized on behalf of the Head of the Republic, Radiy Khabirov. It will last until May 18. Earlier, Bashinform News Agency reported that the Chinese investor intends to build an engine production plant in Bashkiria.

Author: Roman Yakimchuk

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