An investor plans to start production of composite pipes in SEZ Lotus
On March 1, SEZ Lotus PJSC signed an agreement of intent with a potential tenant who plans to implement an investment project for the production of composite pipes on the territory of the Special Economic Zone LOTUS in Astrakhan.
Modern composite pipes are gradually replacing metal counterparts. They are durable, do not corrode, withstand extreme temperatures and aggressive liquids. Composite pipes are used in public utilities, industry and construction sector. A pipeline of composite material is cheaper than a steel one.
From the moment of signing an agreement of intent, the applicant begins preparations for obtaining a tenant status. To do this, it is necessary, first of all, to register a company on the territory of the Narimanov District of the Astrakhan Region and prepare a business plan of the project in accordance with the requirements of the legislation.
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