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The government has increased funding for the ASEZ "Transbaikalia"

The government has increased funding for the ASEZ "Transbaikalia"
Photo: pixabay.com

The Russian government has increased funding for the Zabaikalye ASEZ from 2,4 billion to 13,7 billion rubles. The funds will be used to create engineering and transport infrastructure for the mining and metallurgical plant.

В decree, signed by Prime Minister Mikhail Mishustin, specifies that it is planned to build electricity and power supply networks, a water intake hub, railways and a highway.

The enterprise will start operating in 2022 and will attract more than 53 billion rubles of private investment to the region. At least 1 new jobs will be created. ASEZ "Transbaikalia" appeared in 2019.

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