Russia starts producing mineral water to be exported in 2029 on Kunashir Island
Key Points
- Russia will release the first products of the mineral water production on Kunashir Island in 2029.
- The facility, which received an investment of 50 million rubles, aims for both the domestic market and exports.
- Preliminary agreements have been made to supply the produced mineral water to luxury restaurants in Russia.
- Supported projects in the Kuril Islands involve a total investment of 189 billion rubles and 1800 new jobs.
By the Numbers
The Russian Ministry for the Development of the Russian Far East announced that the production of bottled mineral water has started on Kunashir Island, which is de facto controlled by Russia. The first products are planned to be released to the market in 2029. A private investment of 50 million rubles (approximately 104 million yen) has been made in the project, while investors will benefit from a 20-year tax advantage.
The production will be carried out from water sources in the south of the island, targeting not only the Russian domestic market but also international exports. Officials from the operator company stated that the water resources in Kunashir have unique clarity and characteristics.
Due to the high quality of the water, it is stated to be ideal, especially for luxury restaurants and quality coffee and tea service. Currently, 69 companies are participating in development projects in the Kuril Islands, and these initiatives are expected to create a total of approximately 1800 jobs.
React to this story
Ask about this story
Answers are AI-generated from this story only.
Frequently Asked Questions
- When will the mineral waters produced on Kunashir Island be available for sale?
- The first bottled mineral water products produced on the island are planned to be released to the market and distribution is expected to begin in 2029.
- How much investment is being made in the mineral water production facility?
- A private investment of 50 million rubles (approximately 104 million yen) is being made in the said project, and investors will receive tax advantages for 20 years.
- Where will the produced mineral waters be sold?
- It is stated that exports are also planned alongside the Russian domestic market; it is envisioned that they will primarily be supplied to Russian luxury restaurants and certain venues in the Far East.
This is an AI-generated summary. The full story lives at the source.
Read the full story at the sourceSankei ShimbunHow we produce our content →