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Order of December 14, 2020 No. 3308-r


Order of December 14, 2020 No. 3308-r

The regions will be reimbursed part of the expenses for the development of the agro-industrial complex. The order was signed by Prime Minister Mikhail Mishustin.

The total amount of financing will amount to 6.74 billion rubles. This amount will be distributed among 34 regions that participated in the selection of investment projects.

Funds can be directed to various activities, including the creation and modernization of dairy complexes, seed breeding centers, storage facilities, sheep farms, as well as hemp processing enterprises. A total of 102 investment projects are expected to be supported. For each of them, from the federal budget, they compensate from 10 to 25% of the actual cost.

The decision will allow to increase agricultural production in the regions, stimulate the growth of the agricultural sector, which in turn will contribute to strengthening food security.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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