An agreement on a direct Chinese investment, worth 50 million EUR, for the construction of a factory of gypsum boards and gypsum products that will employ 100 workers, was signed in Ugljevik.
The Chinese
company participated in this investment with 90%, and M&TPP Ugljevik with
the rest.
The value of the
investment is 50 million EUR, the deadline for the completion of the factory is
two years. It is expected that 100 new workers will be employed within this
investment.
This project
will be significant for several parties - the local community and both
companies.
The signed
contract refers to the construction of a gypsum boards factory with a capacity
of 40 million square meters on an annual level, and it is planned that
logistics and technical services will be provided by local companies.