Chinese to build Krasnodar industrial park

Krasnodar industrial park: The Hong Kong-based Chinese Merchant International Investment Group is to build an industrial park and residential complex in Krasnodar, 150 km north-east of the Black Sea. The project is to be called the Kuban Industrial Technopark will cost a total of RUB11bn, be spread over a 15-hectare site and could create as many as 3,000 jobs. rbc