American Cargill Incorporated will build in the Lipetsk Special Economic Zone (Lipetsk SEZ) a plant for the production of finished animal feed for 3.7B RUR ($ 56.41M).
The corresponding project of Cargill Lipetsk LLC was submitted and approved on November 20 at a meeting of the expert council for reviewing the business plans of investors planning to obtain resident status at the Lipetsk SEZ. Cargill Lipetsk LLC wants to sell finished products to large and medium-sized farms. Total investment is 3.7B RUR ($ 56.41M). The planned commissioning date is the first quarter of 2021. The plant will create 87 jobs.
The Omsky Biocluster Press Secretary Ravshana Balloyeva:
"This is a clear example of the fact that the desire for cooperation among businessmen of all countries is above any political ambitions. The last meeting of the Omsky Biocluster CEO Dmitry Romanenko in the American Chamber of Commerce confirmed the intention of the business of the two countries to develop mutually beneficial bilateral cooperation."
Based on soyanews.info.
