Russian-Chinese oil plant planned in Bashkiria

The Ministry of Agriculture of Bashkiria has signed a trilateral memorandum for the construction of a plant for producing vegetable oil and granulated oilcake, with a processing capacity of 60,000 tons of raw materials per year. The facility is planned to be located at the Almakhametovsky elevator in the Abzelilovsky District of the republic, which belongs to JSC "RESA Group." This was reported by the regional Ministry of Agriculture’s press service.

The preliminary cost of the project is estimated at 0.5 billion rubles.

The memorandum was signed by Deputy Prime Minister and Minister of Agriculture of Bashkiria, Ilshat Fazrakhmanov, Director of the Chinese company “Kaishen Trading Group,” Zhu Xiuhua, and Head of JSC “RESA Group,” Anastasia Razumova. During the meeting, the parties discussed key aspects of the investment project, including state support measures for investors in the region, supply of raw materials for the plant, and logistics for the finished products.

The project is expected to be presented at a session of the Bashkiria Investment Committee as part of the “Investment Hour” initiative.

As previously reported by Bashinform, the company “Puls” is planning to build a diagnostic medical center in Baymak. The idea received government support, and as part of investment incentives, the company was offered a 535 sq. meter land plot for lease without auction. An investment protection and promotion agreement has already been signed.

Author: Galina Bakhshieva