date:Aug 03, 2012
The state-owned Russian Agricultural Bank (Rosselkhozbank) has allocated RUB600m (US$20m) to finance the construction of a duck meat-producing poultry complex, which is expected to become operational in 2013. The construction is just one of three projects in the poultry industry being supported by the government, which comes to a total of RUB5bn (US$170m).
The loans are aimed at creating the infrastructure, the construction of the plant and the purchase of equipment, machinery and transport.