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May 17, 2019
Massive Chinese investments in wood product plants in Russia’s Far East
China Forestry Group Corporation (CFGC) will build mills in the Russian Far East to supply wood products for China. The project is expected to consume around 3 million cubic metres of logs and export finished products to China. Russia’s Khabarovsk will be considered as one of the possible production bases. The CFGC is a large scale wood processing enterprise set up by nine enterprises directly under the State Forestry Administration in 1996. The Group is supervised by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), its ...
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