Tatarstan First vice-premier Boris Pavlov holds meeting with General Director of «Guangdong Weihua Corporation» Ms Liu Xian on issue of using semi-subsistence wood

11 November 2009, Wednesday

RT First deputy Prime Minister Boris Pavlov held meeting with General Director of «Guangdong Weihua Corporation» Ms Liu Xian and representatives of Chinese delegation. Participants of meeting discussed issues of cooperation within limits of implementation of investment project «Complex use semi-subsistence wood of sparsely- forested regions on example of Republic Tatarstan».

Boris Pavlov noted that currently use of semi-subsistence wood, rehabilitation and improvement of forestry are extremely urgent matters. Leadership of republic set task on commercialization of republican forest resources and its usage for concrete projects taking into account advanced technologies.

One of outstanding problems in republic is use of low-grade and overripe wood of deciduous species, Boris Pavlov said. He emphasized likewise that investment project would be realized within framework of private-state partnership with participation of Republic Tatarstan and «Guangdong Weihua Corporation».

General Director of «Guangdong Weihua Corporation» Ms Liu Xian expressed intention to create joint enterprise for lumbering and woodworking in Tatarstan. She noted that corporation is ready to invest 600 mln. yuans (about 80 mln. dollars) into implementation of investment project «Complex use semi-subsistence wood of sparsely- forested regions on example of Republic Tatarstan».

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