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SEZ Lotus may have a new foreign tenant with a project of household chemicals production

The head of PJSC SEZ Lotus Sergey Milushkin and Nader Abbaszadeh, Director General of Meridian LLC, signed an agreement of intent in Moscow. The parties agreed on cooperation and collaboration in localization of a high-tech production of household chemicals in SEZ Lotus.

LLC Meridian is a Russian representative of a large private international holding Golrang Industrial Group related to various areas of business, including pulp industries, manufacture of food products, pharmaceuticals, cosmetics, household chemicals and hygiene products.

"We have been negotiating with Meridian for several years now. And we hope that the signed agreement will initiate the implementation of this international project which is quite important for SEZ Lotus. Specialists of the management company are actively working with a potential resident in legal, engineering, land issues and assist in preparation of a business plan", said Sergey Milushkin.

The head of the Astrakhan SEZ also added that the Astrakhan Region provides all necessary conditions for comfortable work of foreign business. The region is becoming Russia's main platform for discussing important economic and humanitarian issues of the Caspian-bordering states. There is also active interaction with a number of European countries and cooperation with India, including in the framework of the development of the international transport corridor "North-South". And the benefits and preferences of SEZ Lotus make start of foreign production in the Astrakhan Region twice as attractive.

"We are interested in the Astrakhan Region and its special economic zone primarily due to its location in the Caspian macro-region. We studied various options for locating production in Russia and chose this one as the most comfortable for us. We hope to start preparation of a business plan soon and therefore today we came to SEZ Lotus office in order to work out all the details and select a land plot for our future plant”, comments Nader Abbaszadeh, Director General of Meridian LLC.

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