According to Mr Konkov, the project does not entail merely the construction of a new plant: it is a major investment into small businesses. A regional capital investment fund for the textile industry is being set up for this purpose.
Meeting with Acting Governor of Ivanovo Region Pavel Konkov
Mr Konkov briefed the President on the social and economic situation in Ivanovo Region. The discussion also covered the implementation of a synthetic fibre production and processing project in the region.