International Sugar Corporation

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Investment project administration working session

November 27, 2014 Ministry of Agriculture of Rostov Region held meeting devoted to administration of the sugar plant construction investment project with processing capacity of 12 thousand tons of sugar beet per day.
Among the issues discussed at the meeting were implementation progress of the project by INTERNATIONAL SUGAR CORPORATION and details on completion date of development of the plant design documentation and its submission for expert examination.
Special focus was made at the matters of project financing procedure, obtaining of construction permit and start of construction and installation activities.
As a result of this working session, there were taken decisions on full-scale optimization of design and estimate documentation development for sugar plant and assurance of its submission for expert examination in due time, and on provision of information on prospects for cooperation with an export credit fund of Denmark in order to attract investment from Danish companies for purposes of creation of an industrial park with greenhouse complex and sugar waste treatment plant on the basis of the sugar plant construction investment site.

Investment project administration working session