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Japanese to construct a woodworking plant near Vladivostok

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Japanese to construct a woodworking plant near Vladivostok

The large Japanese corporation Iida Group has bought 25% of the shares in the Russian “Primorsklesprom” company for 500 m yen and is going to construct a woodworking plant near Vladivostok.

 


As Japanese mass media reports, the corporation is going to invest 10m yen in foreign projects, including some in the Far East.

This year, Iida Group is planning to develop a powerful new production line for wooden houses. They will be delivered to Japan as well.

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