Investigators claim to have enough evidence to prove Serebrennikov guilty of fraudRussian Politics & Diplomacy August 22, 21:35
Washington tries to use events in Khan Shaykhun to justify its strike on Syria — MoscowRussian Politics & Diplomacy August 22, 21:31
Egypt to receive 15 Russian 'Alligator' helicopters in 2017Military & Defense August 22, 19:57
Christophe de Margerie LNG tanker covers Northern Sea Route in record 6.5 daysBusiness & Economy August 22, 19:32
Kirill Serebrennikov dismisses fraud accusations as absurdSociety & Culture August 22, 19:18
From climate to transport: Arctic projects of Russian and Japanese scientistsBusiness & Economy August 22, 19:10
Trump’s Afghan strategy implies attempts to address issues by military means — analystWorld August 22, 19:00
Russian defense chief tests new neural network-based combat moduleMilitary & Defense August 22, 18:41
Poroshenko seeks to discuss alleged nuclear missile supplies to North Korea in UNWorld August 22, 18:31
OSCOW, October 16 (Itar-Tass) - Russia’s state-run hi-tech corporation Rostec plans to build a universal plant to assemble aircraft of the European manufacturer ATR or Canada’s Bombardier, Rostec’s managing director for aviation, Alexei Fyodorov, told reporters on Wednesday.
“Soon we will announce a design documentation tender. The construction will start in 2014,” he said, adding that the plant would be built in a special economic port zone of Ulyanovsk, about 900km (560 miles) east of Moscow.
Investments into the project are estimated at $100 million, of them $50 million will be injected into the infrastructure development, engineering and construction of taxiways and the rest - into personnel training.
Until the end of the year Rostec will define which of the two projects would be implemented in Russia - a joint venture with Bombardier to build the Q400 series of planes and a joint venture with ATR to build turboprop aircraft, Fyodorov said, adding that much would depend on agreements on export markets for planes to be assembled in Russia.
As a rule, at the talks on joint ventures foreign partners try to restrict export markets with Russia and CIS member-states, a representative of Russia’s Industry and Trade Ministry, Sergei Fominykh, said.