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All news / The Ministry of Agriculture will allocate eight billion rubles to reimburse investments in the project

  • 31 Oct 2022, 10:09

The Ministry of Agriculture of Russia has selected 153 projects of agricultural producers for a total amount of almost 8 billion rubles, they will be provided with state support through the reimbursement of part of the investment, the ministry said.The Ministry of Agriculture will allocate eight billion rubles to reimburse investments in the project

“We will compensate up to 25% of direct costs for the creation and modernization of agricultural facilities. We will allocate almost 8 billion rubles for this. Agricultural producers from 43 regions will receive funds for the implementation of 153 projects,” the ministry’s official Telegram channel says.

It is specified that 87 dairy farms, 58 storage facilities for fruits, vegetables and potatoes, four reproducers for the production of hatching eggs, three selection and seed centers and one sheep farm will receive funds.

This year, more enterprises will receive a subsidy than last year, the Ministry of Agriculture notes.