An agreement was signed between the Government of the Omsk Region and Titan Group of companies, JSC on cooperation in order to implement an investment project for the creation and development of the Omsk Regional Industrial Park specializing in deep polypropylene processing, as the regional government website reports.
The industrial park aims to develop small and medium enterprises in the industrial sector and to create high-tech manufacturing enterprises engaged in processing of polymers for the construction, municipal, agricultural and domestic purposes.
All the industrial park enterprises should be organized into a single industrial structure. This form of production organization will create a unified infrastructure to save on overall cost and logistics.
The project will provide significant social benefits for the region. There will be created over 20 productions and more than 2,000 jobs, which would increase tax payments to the budgets of all levels, increase the innovation and investment potential of the Omsk Region.