FESCO and China's AVIC Forestry Agreed to Cooperate in Timber Products Transportation
Within the framework of the first China International Import Expo, FESCO Transportation Group and AVIC Forestry Co. Ltd. signed an agreement on cooperation in the field of logistics and transportation of timber products.
Under the agreement, the Group will supply logistics services to the Chinese company and provide a full range of works necessary for transportation of forest products from Russia to China. The agreement is concluded for a period of 5 years.
AVIC Forestry, one of the largest Chinese enterprises with timber assets abroad, is an investor of the Russian-Chinese project of building a forestry complex in Tomsk region.