The Chinese investors have confirmed their intention to build a factory for bottling water on the shore of the Baikal Lake. In case the project is implemented, the company will export 2 million cubic meters of water per year.

This was told by the Project Manager of the Mineral Raw Materials Complex “Fund for Regional Development of the Republic of Buryatia” Konstantin Botoev on air of the “Moscow Speaking” radio station. According to him, there will be no construction “without a detailed inspection of design and estimate documentation, without construction and environmental impact assessment”. “From our part, we have the following requirements: no damage to the ecology should be done by this project”- Botoev noted. The representative of the fund also stated that the plant would be built entirely on the money of the Chinese investors. The employers are currently engaged in the purchase of a land plot for future production.

In January 2015 it was reported that the Chinese entrepreneurs would build a plant for production and bottling of drinking water on the Baikal Lake. In accordance with the agreement signed by the Chinese “Thyan Yu” company and the administration of Buryatia, a customs and logistics complex will also be built in the region in the town of Kyakhta on the border with Mongolia, and a transport company engaged in international transportations will be established.

A total amount of investment on the agreed projects is 1.26 billion roubles or 120 million yuans. In future it may be increased up to 180 million yuans upon the implementation of the project on the extraction and bottling of water and up to 140 million yuans in case of construction of a transportation and logistics complex.