| 22 May 2008 |
 
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«Lemcon», a Finnish company, together with Knight Frank represents a new development project of an industrial park in Kaluga region to the market.
In April, 2008 Lemcon and Knight Frank signed a cooperation agreement referring to the collaborative accomplishment of the project of a large industrial park in Kaluga region. The project provides a complex development of the area, attracts new investments to the region and provides additional jobs for the local residents.
Lemcon has taken possession of the land site of 135 ha in Vorotynsk settlement located not far from the regional centre – Kaluga city. The completion of the project will allow a number of industrial enterprises and logistics centers to start up their production in the nearest future. The total building area to be constructed is up to 500.000 sq m. There are some incontestable advantages for the companies willing to locate their enterprises in Kaluga region such as good vehicle access, tax benefits for foreign investors, skilled labor power and all necessary power resources in the region.
One of the new ideas in Lemcon and Knight Frank concept is to provide specialized zones to various industry segments. For instance, automobile suppliers can truly benefit from the close proximity of their subsuppliers. Some value the fact that their competitor is next door. Furthermore, the companies establishing their manufacturing operations first time in Russia need a lot of support, provided by Lemcon and its partners.
In frames of the cooperation contract set up by Lemcon and Knight Frank, the companies will work together to attract investors and industrial property buyers and promote their project. Knight Frank acts as a project consultant, sales agent of property units and a representative of Lemcon at the stage of negotiations.
«When the problems related to the land ownership and infrastructure are solved for the customer, it is easier for him to focus on the quick realization of the overall investment, utilising our western contracting model», – comments Senior Vice President of Lemcon, Mr Juha Höyhtyä. As known, keeping the promised production start-up date is the most important thing, he continues.
Roman Burtsev, a partner of Knight Frank Russia and CIS: «Construction of industrial park in Kaluga region by Lemcon is an important step in the industrial development of Russia. A good advantage of this offer for western and large Russian investors is the reduction of the political and economical risks during the implementation of their projects in Russia which increases the project’s attraction».
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