A plant for the production of components for the electronics industry will be built in Novovolynsk. This was agreed during a meeting of the deputy head of the Volyn Regional State Administration, Vasyl Baitsym, with representatives of the German company "HanElektroBaum-Ukraine," the Western Information Corporation was told on June 3 by the press service of the Volyn Regional State Administration. The construction will be carried out by the German company "HanElektroBaum-Ukraine." The new enterprise is expected to create initially 300, and in the future about 1,000 new jobs. During the meeting, the German investors discussed with Vasyl Baitsym the organizational aspects of the new production. In particular, the issue of customs clearance of equipment from Germany, which will be installed at the new plant, was resolved. For the construction of its workshops, the German side plans to purchase 2.5 hectares of land.