Siberia | Finance, business

Growing Altay green to cost $23bn

3 Oct '08
Approximately $22.8bn will be invested into Altayskoje Priobje development project in 10-15 years, regional officials said.

The project will be subsidized both by state (40%) and private (60%) investments, according to the regional vice-governor Michail Shetinin.

The project will be aimed at the development agriculture, food-processing industry and agricultural engineering, in order to make Altay an important agricultural area.
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Locations: Altai; Altaysky krai

Tags: Michail Schetinin (0) / Altayskoye Priobye (0) /

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