"Avtotor" will invest 60 billion Rubles in the creation of the automotive cluster
OREANDA-NEWS. Company "Avtotor Holding" and the government of the Kaliningrad region on April 16th signed an agreement to build an automobile cluster. The document regulates the interaction and obligations of the parties in the project to establish in the region the industrial and production zone of regional importance, full-profile cluster of automotive industries, as well as the construction of transport and engineering infrastructure, ensuring their creation.
For example, "Avtotor Holding" intends to build objects of automotive cluster, providing full-profile car production at the newly established production facilities, providing welding and painting of bodies, in the planned volume of 250 thousand units per year, as well as the production of automotive components, providing an average level of localization of 38% by 2020 year. The company is committed to bring to the project about 60 billion Rubles of investments.
The regional government is ready to carry out activities related to the creation of industrial and production zone of regional importance. The agreement establishes the distribution of the parties' obligations for the design, construction and commissioning of the main engineering infrastructure of project.
It is expected that by 2023 the growth of marketable products in the companies of the automotive cluster and related industries will be up to 350 billion Rubles, employment - up to 22 thousand people. The volume of taxes paid by 2020 will be 120 billion Rubles, among which 3.3 billion will be payments to the regional budget.
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