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As the financial resources of the farms and the state budgets are limited, one of the main goals of the agrarian policy of the Leningrad Region government is maintaining the productive potential of the agricultural sector, which includes attracting investment.
The most valuable investment fields for the Region’s agricultural market are listed below:
• Potato and vegetable processing including post-harvest processing;
• Dairy processing, prepackaging, and packing;
• Market infrastructure development;
• Power and material resource saving;
• Elite potato seed breeding;
• Wood procurement and processing;
• Egg and broiler meat production.
One of the biggest environmental projects is a workshop with pollution control facilities for producing the Bamil organic fertilizer at the Vostochny hog farm. The design capacity of the workshop is 10,000 tons per year with an average sales price of US$400 per ton.
In elite seed breeding, a plant for mini tuber production by the apical meristem method presents a attractive opportunity for investors. The plant can produce two million tubers per year. The technology uses unique Russian equipment. Since 1993, there has been close cooperation in the field of agricultural equipment supplies with the German-based Grimme, Pandtechnik, and Deutz plants.
The largest international investment projects are sponsored by the TACIS program, the International Bank for Reconstruction and Development, and the British Know-How Fund. Currently, there are a number of large investment projects in the Leningrad Region with Finnish, Dutch, and Polish partners. The pilot project of agricultural consulting centers in St. Petersburg and the Leningrad Region is already being implemented in the Vyborg and Priozersk districts.
The information bank of the Agricultural Committee of the Leningrad Region government has 50 investment projects in every field that is attractive for potential investors.
In addition, the Committee is developing new activities including consulting, information services, analytical work, and marketing. For these purposes, the Committee has established a center of information and consulting, a price monitoring service, a reform group for insolvent enterprises, and a regional agribusiness center. |
