The company from Tatarstan received 1 billion rubles of support from VEB.RF for the construction of an elevator
The company from the monotown Zelenodolsk of the Republic of Tatarstan "SVIYAZHSK-ZERNOPRODUKT" will receive a loan of 1 billion rubles at 1% per annum from VEB.RF for the construction of a modern elevator for the storage and processing of grain and oilseeds. More than 80 jobs will be created, about 3 billion rubles of investments will be attracted.
The enterprise "Sviyazhsk-Zernoprodukt" will provide a range of services for storage, cleaning, drying, transshipment and loading of agricultural products. When reaching the design capacity (112.5 thousand tons of one-time grain storage), about 450 thousand tons of harvest will pass through the elevator during the year. The elevator complex will be able to receive the first shipments of grain, as expected, this year. The feature of the elevator "Sviyazhsk-Zernoprodukt" will be the high speed of shipment – 700 tons per hour. Location on the territory of Sviyazhsk multimodal logistics Center will allow the shipment of products by road, rail and water transport.
Deputy Prime Minister - Minister of Economy of the Republic of Tatarstan Midhat Shagiakhmetov thanked VEB.RF for effective cooperation and noted that over 7 years of cooperation in the republic, the construction of investment infrastructure facilities worth more than 5 billion rubles has been carried out, including 3.3 billion invested by the Corporation. Also during this time, taking into account the signed agreement with Sviyazhsk-Zernoprodukt, the Corporation co-financed investment projects of Tatarstan entrepreneurs on preferential terms totaling over 4 billion rubles.
"Together with VEB.RF we are constantly working to improve the infrastructure of Tatarstan single-industry towns, support investment initiatives that require additional funding. Well-established work allows us to create comfortable conditions for the implementation of investment projects, new production facilities and jobs," Midhat Shagiakhmetov said.
"We can talk a lot about the effective work of the Tatarstan team. The best result is to launch projects that are important for the country. In the single-industry town of Zelenodolsk with the funds of a preferential loan from VEB.RF an elevator will be built in the Russian Federation. Most of the products will be exported to Iran, Syria, Africa, Azerbaijan and other countries of the Middle East. This means that the company will be able to develop rapidly, attract investments, create new jobs in the city," commented VEB.RF Chief Managing Partner for Urban Development Irina Makieva on the signing of the agreement.
Thanks to such cooperation, infrastructure projects are being successfully implemented in single-industry towns of Tatarstan, more than 22 thousand jobs have been created, and the volume of investments has exceeded 59 billion rubles.
"Now the issue of selling products of Tatarstan agricultural producers to other regions and for export is extremely acute. Thanks to the elevator, we will be able to quickly deliver the products of Tatarstan farmers to Russian ports. The opportunity to receive state support measures is a great help in the speedy implementation of this project," said Aidar Galyautdinov, General Director of the August-Agro Management Company.
Company information:
LLC "August-Agro Management Company" is one of the largest agricultural producers in the Republic of Tatarstan. It unites a group of enterprises in Aznakaevsky, Bugulminsky, Verkhneuslonsky, Kaibitsky, Kamsko-Ustinsky, Leninogorsk, Menzelinsky, Muslyumovsky, Tyulyachinsky districts of the republic. The area of land under the management of "August-Agro" in Tatarstan is 239 thousand hectares, including arable land – 200 thousand hectares. Cultivated crops: cereals, sunflower, rapeseed, etc. The total number of cattle is 8.6 thousand heads. The total bank of agricultural lands "August-Agro" reaches 260 thousand hectares (including all farms in the Krasnodar Territory, the Chuvash Republic and the Republic of Kazakhstan).