Source Pravda.Ru

Construction of Komi Aluminium factory to begin in first half of 2004

General Director of Komi Aluminium Vladimir Kremer, First Deputy of the Head of the Komi Republic Nikolai Levitsky and Regional State Speaker Ivan Kulakov made an inspection of the site for the new aluminium factory in Pechora yesterday.

As a Rosbalt correspondent was informed by the press office of the Komi administration, three sites were originally selected as possible locations for the factory but the site close to the Pechora power station was judged the most suitable. The project will not involve the pulling down of any residential buildings. There is access to the site by a dirt track but there are also plans to provide access by rail. According to the press office construction will begin in the first half of 2004.

The official delegation is also planning to visit the Pechora power station to discuss the price of electricity for the factory and there are also plans to meet the city leaders.

Aluminium production in Komi is one of the largest investment projects in Russia.