Mordovia is developing the production of technical hemp together with China
On February
4, the Head of Mordovia, Artyom Zdunov, held a working meeting with Bai Zhihe,
Chairman of a Chinese company. The meeting focused on the implementation of a
Russian-Chinese investment project in Mordovia for the cultivation and deep
processing of industrial hemp.
"We already have a good understanding of the market for the processing of industrial hemp and its necessity. We currently have a small but specific joint investment project. It needs to be scaled up. It is also important for us to develop the spinning and textile industries," emphasized Artyom Zdunov.
It should be noted that the cultivation and deep processing of technical hemp, which has significant export potential, is a promising area. Since 2023, a pilot Russian-Chinese project for the cultivation and deep processing of technical hemp has been implemented in the republic. To date, more than 120 million rubles have been invested in this project.
Bai Zhihe said that cooperation between Mordovia and China has been ongoing for three years: "We plan to expand our joint production with Mordovia, as well as develop other areas where technical hemp can be used."
Alexey Kyashkin, a representative of TPK ORION, spoke about the technical launch of the production line, highlighting its high productivity and unique features compared to other similar Russian production facilities. It is worth noting that Mordovia has a long history of actively growing and processing technical hemp.