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Investments in agriculture grew by 22%

Investments in the fixed capital of agriculture in the first half of 2018 increased by 22.9% compared to the same period last year and amounted to 166.3bn RUR ($ 2.47bn), according to Rosstat.

 

The growth of investments is mainly provided by large agro-holdings, which rely on export supplies, as well as processing raw materials and creating a production chain from the field to the buyer. The most popular sector of the agro industry is greenhouse vegetable growing. In this segment, 100 projects worth 350bn RUR ($ 5.2bn) are currently being implemented.

  • Omsky Biocluster Press Service
  • 28 August 2018