SEZ Alabuga Supervisory Board Meeting

15 June 2017, Thursday

Today, Tatarstan President Rustam Minnikhanov held a meeting of the Supervisory Board of the Special Economic Zone Alabuga. At the meeting, the projects of three companies applying for the SEZ resident status were considered: ST-Alabuga, Agruskhim-Alabuga, and STiM-Alabuga. The aggregate investment in establishing new facilities is more than RUB 650 million.

The first project considered during the meeting was ST-Alabuga. Its initiator is ST Nizhegorodets. At the SEZ Alabuga, the company plans to produce annually more than 2300 vehicles based on Ford Transit LCV manufactured at the Ford Sollers plant located in the SEZ.

The Agruskhim-Alabuga project provides for the production of 5,700 tonnes of crop protecting agents a year. The plant is scheduled for launch in the first quarter of 2019.

The third investor, STiM-Alabuga, plans to build a plant and a logistics centre in the territory of the SEZ Alabuga. The company will manufacture retroreflective glass beads for road surface marking with an annual capacity of 7,900 tonnes.

All members of the Supervisory Board supported the projects presented today. In the near future, the companies will be granted the SEZ Alabuga resident status.

Based on information from the Tatarstan Presidential Press Service

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