St. Petersburg innovators sharpen laser correlation spectroscopy for medical research useScience & Space October 26, 12:38
Fifth Varshavyanka submarine joins Russia’s NavyMilitary & Defense October 26, 12:11
Russian Baltic Fleet frigate arrives in Cuba on visitMilitary & Defense October 26, 11:57
Air Defense drills involving various aircraft kick off in four CIS statesMilitary & Defense October 26, 11:34
MP Savchenko arrives in Moscow to attend hearing on Ukrainian nationalistsWorld October 26, 11:03
Contact Group’s subgroup meetings kick off in MinskWorld October 26, 11:02
Bulgaria and Russia sign agreement to settle debt on Belene NPP project — ministerBusiness & Economy October 26, 10:38
Russia honored all commitments on S-300 supplies to Tehran — ambassadorWorld October 26, 9:04
Kyrgyz president signs decree on government’s resignationWorld October 26, 8:47
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.