Belarus invests €21 million in the creation of a new sawmill and pellet production
Investors plan to complete the project by 2022. This was reported in the economic Department of the Bobruisk City Executive Committee. BR-Wood LLC will implement the project in Bobruisk.
26 real estate objects which are in property of the city and in operational management of administration of Leninsky district are transferred to the enterprise on gratuitous terms to property.
In this area, a modern sawmill with a capacity of up to 197 thousand cubic meters of processed raw materials per year and pellet production with a capacity of up to 35 thousand tons per year will be created.
“The production of high-tech export-oriented products will be established here, it is planned to create at least 54 jobs,” the Economic Department said.
The project will be implemented in stages with the prospect of expanding production and increasing its capacity. Bobruisk Company intends to invest in the construction and purchase of equipment about €21 million.
According to press servise of Mogilev regional executive committee