26 Jan '11
Agrcultural firm Zelenaya Dolina (Green Valley) intends to invest over $167m building a greenhouse factory and other infrastructure in Tambov region, Kommersant reports.
The project is reportedly to be 75-80% financed with loans from Sberbank and Rosselkhozbank.
The complex is to be located on a 3,500-hectare land site on the territory of Green alley agricultural technopark, currently being formed, in the region’s Michurinsk district.
Under the project, the complex is to include a 40-hectare greenhouse factory, complex to grow vegetables on the open ground, logistics center to storage vegetables, power unit, biogas station and transport infrastructure facilities.
Construction of the greenhouse is scheduled to begin in Summer 2011, with the first launch complex to be commissioned in early 2012.