19 Apr '11
Siberian Agrarian Group (SAG) has started construction of a large East-Siberian pig breeding complex in the Republic of Buryatia, news agency Federal Press reports.
Investment in the project has yet to be disclosed.
The project is reportedly supported by the regional authorities that will assist building infrastructure – roads, electricity mains, and will give tax exemptions on property and profit taxes during the first three years. The regional authorities are also to compensate expenses on purchase of breeding stock, machinery, interest on investment and short-term bank loans.
Under plans, the complex, located in the village of Ust-Bryan in Zaigrayevsky district, is to create 300 local jobs.
Under the project, the complex is to include a slaughter house and processing complex, as well as animal feed plant.
The complex’s projected annual capacity is 13,000 tons of livestock or 9,000 tons of pork.
Production is scheduled to reach projected annual capacity by July 2013.