Lipetsk Special Economic Zone commended in the latest Global Free Zones 2016 Ranking by fDiIntellige

LIPETSK, Russian Federation - Oct. 17, 2016 - PRLog -- Published in the latest issue of fDi Magazine (The FT) Global Free Zones Ranking by fDi Intelligence commended Lipetsk Industrial Special Economic for New Investments, largely due to Schlumberger €58m investment in a manufacturing plant due to come online in 2018.

The world's leading provider of technology, products and services for oil and gas industry Schlumberger became one of the globally operating companies that chose to join Lipetsk SEZ in 2016. As an SEZ tenant the company is now implementing a project of a new facility for 4 mln. of ESPs stages per year. The factory commission is expected in two years time.

According to Schlumberger, the technical complexity and the scale of the would-be facility made the high standards of SEZ engineering operations and the availability of design and construction expertise in the region the key considerations for picking up Lipetsk SEZ premises.

Furthermore, Lipetsk SEZ was commended for Support of Education and Training in recognition of the long standing collaboration with the local education institutions that links together investors and schools. Lately this collaboration logically evolved into an initiative to establish a new centre of excellence in the special economic zone to strengthen and improve the operational communications and raise the internship programmes effectiveness.

Lipetsk SEZ Managing company for the two successive years was named the most efficient in terms of attracting investors by the Ministry of Economic Development of Russia. Over the 10 years of the SEZ operations 47 companies from 15 states landed with the project drawn by the broad range of benefits, state warranties and well-equipped premises. The list of the current SEZ tenants includes world production leaders such as АВВ (Switzerland), VIESSMANN (Germany), HONEYWELL (US), YOKOHAMA (Japan), PPG Industries (US), OBO BETTERMANN (Germany), BEKAERT (Belgium), LIFAN (China) and many others.

At the St. Petersburg International Economic Forum 2016 (SPIEF'2016) last June Lipetsk Special Economic Zone was pronounced the winner in the nomination "The Best Infrastructure Project of Russia 2016".

Sushkova Elena
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Tags:Fdi, Investments, Schlumberger
Location:Lipetsk - Lipetsk Region - Russian Federation
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