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Sugar reality

The Thai project for the production of sugar in the Soviet Harbor is certainly mutually beneficial

Sugar reality

Maxim Chereshnev

Chairman of the Board of the Council for the Development of Foreign Trade and International Economic Relations
In the Khabarovsk Territory, the construction of a sugar factory by the Thai company Sutech Engineering Co., Ltd, the largest sugar producer in Southeast Asia, may soon begin.

There is only one of 82 Russian sugar factories in the Far East - Primorsky Sakhar LLC, which, by the way, decided to modernize production and begin the transition to processing Russian raw materials - the plant used to import.

Thailand is one of the five largest sugar producers in the world. This, as well as the geographical proximity of Thailand, causes the interest of Thai investors in the construction of a sugar factory in the Far East. The project is certainly mutually beneficial. The opening of a sugar production plant will require the creation of jobs and will support the agriculture of the region.

The fact is that more than 90% of sugar in our country is produced from the raw sugar imported from China, South Korea and France. In Russia, most of the sugar beet crops are in the central black earth regions and the Volga region. Researches of Far Eastern agrarians confirm that beets of excellent quality can be grown right here, and this is already a new look at the development of agriculture in the Far East and at production as a whole. You can create a whole agrarian cluster: from the peasant to the final consumer of the sweet product.

What is important: the price of locally produced sugar will definitely be lower. But this is one of the most popular products.

 

EastRussia help:

For the first time, Thai investors expressed their interest in this investment project at the Eastern Economic Forum in 2015, when a memorandum of understanding was signed between the Government of Khabarovsk Krai and Sutech Engineering Co., Ltd.

As a preliminary site for the location of the plant, the investor approved land plots in the approved boundaries of the PSEZ "Sovetskaya Gavan". The cost of building a plant capacity of 500 000 tons of sugar per year can be 200 million dollars.

According to experts, the creation of such a production will help lower the price of sugar in all the Far Eastern regions. Kazakhstan, Uzbekistan, the north-eastern provinces of the PRC can also become a sales market. It will be the second largest sugar producer in the Far East and the largest sugar producer in the region, before that the plant in Ussuriisk (Primorsky Territory) was a monopoly. 


In the photo: the signing of an agreement on cooperation between the Khabarovsk Territory and Sutech Engineering Co., Ltd on VEF-2015

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