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Delegation of Saratov Region presented the modernization project of Holcim cement plant in Volsk at the International Investment Forum "Sochi - 2013"

October 30, 2013

On September 26-29th in Sochi in "Bolshoi Ice Dome " the XII International Investment Forum "Sochi- 2013" was held, where the delegation of Saratov region presented the modernization project of the cement plant in Volsk designed by the Swiss company Holcim.

International Investment Forum "Sochi" is a modern place for constructive dialogue between business and government, necessary for implementation of major investment projects at the territory of the Russian Federation. Forum participants are heads of governmental bodies, public institutions, leading Russian and international companies, heads embassies, famous industrial experts and businessmen from 55 regions of Russia and 40 foreign countries.

The headline of the Forum this year was the economic development of the country and improvement of life quality. In the programme of "Sochi 2013" the following issues were discussed: broadening and attraction of foreign investments, investments into housing, the multipurpose regions’ development, implementation of regional investment projects, development of transport infrastructure using private investments, development and transformation of industrial parks.

The delegation of Saratov region, headed by the Governor Valery Radaev participated in the Forum. The delegation presented 4 most significant investment projects for the region, including the modernization project of Volsk cement plant. Valery Radaev gave comments upon investment projects of Saratov region presented at the Forum "Sochi- 2013 ": “ The peculiarity of these projects is that they are implemented at the territories of municipalities, thus providing new job sites and social stability for region residents. "Volskcement " begins reconstruction and modernization of one of the largest cement plants in Russia. This plant will become one of the first in Russian cement industry with the highest level of environmental and OH&S safety as well as product quality control. The planned investments are 350 MIO Euro. The project implementation period is 2013-2016".