Deripaska promised to increase aluminium consumption in Russia and foreign investment

​The PM D. Medvedev during his visit to the Irkutsk region visited a workshop dedicated to the development of the domestic aluminiun market.

The President of Rusal, O. Deripaska, said that one of the strategic goals of the company is the growth of domestic consumption to 2 mln tons a year. It will provide the foundation of over 20 thousand work places and will increase the output of aluminium goods by twice.

The gross product of the processing sector will triple, over 40% of products will be exported.

For the realization of the plans the innovation industrial territory “Aluminium Valley” is formed in the Krasnoyarsk region which will comprise such enterprises as KrAZ, KraMZ, Segal, SKAD, KiK. The territory of the Aluminium Valley had a developed transport-logistics infrastructure and will allow to attract direct investment and modern technologies for over 17 bln roubles as well as settle the issues of import substitution and development of innovation production.

It was also reported on the problems of construction of the Tayshet aluminium plant which was frozen in 2009 due to the crisis and suggestions on the recovery of the project.