Vice-Premier of Perm' region Government, Elena Guilyazova, about modernization, investment projects…

(…) What assessment would you give to everything that has been done in the region for investments attraction and production development for the last year – year and a half?
This period was not the best time for investments attraction due to crisis when investment activity slumps. Nevertheless even taking into account the crisis we can say that key investors were found for some projects. One of the projects – coated paper production project at Kamsk pulp and paper mill, investor is Investlesprom. First workshop has already been put into operation. We count for the whole cycle start-up of this production this year in November. PPM is able to output 80 thous. tons of light coated paper per year. This is the first project for this kind of paper production in Russia. The total investments volume will amount to 5.5 mlrd rubles. We are discussing with the investor the possibility to expand the territory of Kamsk PPM with the aim for second turn construction …
on-line.perm.ru, 04.05.10