Built-to-suit for the needs of the world leading car component manufactures

Main Press releases Built-to-suit for the needs of the world leading car component manufactures

In the first quarter of 2011 in the territory of A-Park industrial project whose developer is Espro Group a new plant of Visteon, car component supplier was commissioned. The total area of manufacturing and warehouse premises is about 2,500 sq. m, the project was implemented on the built-to-suit bases.

The Visteon plant producing car interior parts is already the second building on the territory of the A-park complex. In December 2010 a plant building was commissioned for Benteler, a world manufacturer and supplier of suspension parts. The total area of the Benteler plant premises is about 10 thousand sq. m.

The aggregate budget of the commissioned plants is about €10 mln. The European Bank for Reconstruction and Development (EBRD) and Black Sea Trade and Development Bank (BSTDB) are the project financial partners.

The Industrial park is located on a 20 h land plot (which can be developed up to 200 h) in the Grabtsevo industrial zone, within the city of Kaluga, and near the Volkswagen factory. A-park is one of the first built-to-suit projects in Russia. The conditions created in the park enable the car component suppliers to optimize their business thanks to a convenient location of the warehouse and production buildings in close proximity to the plant they serve. The project also provides an ability of manufacturing and warehouse areas for the companies of other business areas: logistical operators, distributors, retailers, and production companies.

“The Industrial A-park is our first professional success in the built-to-suit field, says Vitaliy Antonov, General Director of Espro Development (a member of Espro Group). It was not simple to work with the project, we had to learn many things and develop our own methods in some issues. Besides, the facility was to be built within very tight deadlines: only a year passed from the first negotiations to the building erection. The work was also peculiar due to the fact that the customers are German companies which are not familiar with the Russian business reality. The Kaluga Region Development Corporation assists us in our work on the project. This project is an example of successful experience in public-private partnership. The progressive approach of the Kaluga administration to the performance of many tasks allows us to promptly decide a lot of questions related to the project implementation.”

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