Rostec Holding will create a shooting complex in the Far East

Rostec Holding will create a shooting complex in the Far East

"SIBER", Chinese company "DeWe Group Holding Limited", "Agency of the Far East for attracting investment and export support" and TRC "Primorsky Ring" will build a rifle complex
Holding "SIBER", which is a part of Rostec State Corporation, signed an agreement on the implementation of the project "Educational and Sports Rifle Complex" in the territory of Artemovsky urban district of Primorsky Region. The document was signed today in the framework of the Eastern Economic Forum taking place in Vladivostok.

"The rifle center in Primorye will be the second major investment project implemented by our holding company. In 2016 the construction of a multifunctional training center "SIBER" in the Smolensk region began, on the basis of which theoretical and practical training will be conducted by security specialists, including foreign ones. Successful implementation of these projects will allow the holding not only to expand the range of professional competencies, but also offer a wide range of services within the created educational and sports complexes, "said Vladimir Kapysh, General Director of JSC “SIBER”.

In order to implement the investment project, the parties establish a joint venture. Under the terms of the agreement, the Chinese company will provide financing for the investment project for the design and construction of infrastructure and real estate facilities, as well as equipping the complex with technologies, TRC “Primorsky Ring” - in terms of granting rights to a land plot of 10 hectares to accommodate the complex's facilities. The total amount of investments will be about 10 million US dollars. "The Agency of the Far East for attracting investment and export support" will provide advisory and organizational support within the jurisdiction of the Free Port of Vladivostok, as well as facilitate the promotion of the services of the rifle complex to foreign clients. Commercial operation of the complex will deal with "SIBER". After putting the complex into operation, the holding company will provide rifle training programs and highly qualified instructors.

On the basis of the center will not only train specialists of private security structures and security units, but also carry out activities for bullet and practical shooting. Thus, the newly created shooting center will expand the opportunities for cultural recreation for residents and guests of the Far East, and will also be an important addition to the entertainment and sports cluster "Primorsky Ring" and a platform for the popularization of military technical sports. It is planned that the center will use small arms produced by the enterprises of the State Corporation Rostec, such as: "Kalashnikov Concern", "High Precision Complexes" and "Tula Arms Factory".

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