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Within the framework of a business mission to the People’s Republic of China, a trilateral cooperation agreement was signed

As part of the business mission of the Penza Region delegation to the People’s Republic of China, organised with the participation of the Development Corporation, an important step was made in partnership with the city of Xiangyang, Shaanxi Province, a state-level high-tech zone. Today, this unique national industrial base of western China has more than 100 high-tech enterprises and 12 technological centres on an area of 13 thousand hectares.

In a solemn atmosphere a trilateral cooperation agreement was signed between Mao Jianzhong, Director of the Xiangyan Hi-tech Industry Development Zone Management Committee, Oleg Kochetkov, CEO of Stankomashstroy and Sergey Matyukin, CEO of the Penza Region Development Corporation.

Stankomashstroy plans to build a workshop for the production of precision machine tools in the Xiangyang Special Industrial Zone in China.