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Mr Konkov briefed the President on the social and economic situation in Ivanovo Region. The discussion also covered the implementation of a synthetic fibre production and processing project in the region.
According to Mr Konkov, the project does not entail merely the construction of a new plant: it is a major investment into small businesses. A regional capital investment fund for the textile industry is being set up for this purpose.
August 19, 2014, Sochi