New pipe plant in Dagestan to produce up to RUB 2.5bn of finished products per year
The new corrugated pipe plant, Truboplast LLC, will be built in the city of Dagestanskiye Ogni. The project cost is 662 million rubles. The enterprise is expected to create 126 jobs for the locals.
To implement the project, the republican government will provide the investor with a land plot of 15 hectares in the city of Dagestanskie Ogni without tenders. The plant will produce corrugated pipes and sewage wells for Dagestan housing and utilities sector.
As of today, we develop the design and estimate documentation and purchase equipment. After reaching design capacity, the output will exceed RUB 2.5 billion per year – the plant representative says.