The Russian Far East and Arctic Development Group announced that a Chinese investor plans to

By 2027, a farm machinery factory will be built at the Vladivostok Free Port, with a monthly production capacity of 70 units.

It is reported that a Chinese investor, as a resident enterprise of Vladivostok Free Port, is engaged in agricultural machinery production in Primorsky Krai to replace imports‘ Eurasia Far East 'company will produce tractors, combine harvesters, cultivators, as well as trailers and semi-trailers. The company will provide machinery for cultivating, harvesting, and transporting food for large and medium-sized agricultural production. In addition, the company also plans to cooperate with China to export finished products. The factory is planned to be put into use in 2027.

According to the agreement with the Far East and Arctic Development Group, investors will invest 147.5 million rubles in the project, which will create 50 job opportunities. Alexei Mladenzev, General Manager of Eurasia Far East Company, said, "This project will be an important step in strengthening the logistics chain with China." He pointed out that the company will also use Chinese technology.

According to the Far East and Arctic Development Group, 1815 projects are being implemented by settled enterprises in the Vladivostok Free Port in the Primorsky Krai, of which 500 have already been put into operation. The economy of the region received an investment of 491.28 billion rubles.