The Sakhalin regional authorities have made an agreement with the Chinese corporation “Wang Yu He” on the construction of a powerful wood processing plant and the joint development of tourism in the region.
As the regional press office told Construction.ru, the parties discussed the prospect of cooperation. The Chinese decided to build a powerful lumber factory in Alexandrovsk-Sakhalinsky district. The chosen ground is close to a large volume of wood and has potential transportation infrastructure.
Sakhalin authorities expect to achieve production with high added costs, such as glued laminated lumber.
Besides this, the Chinese investor may invest money in the construction of a hotel in Sakhalin.