According to Roman Nekrasov, Director of the Department of Crop Production, Mechanization, Chemicalization and Plant Protection of the Ministry, the ministry is taking measures to support investment projects for the construction of such centers, which can be used to attract credit resources at a rate of no more than 5% per annum, reports TASS.
The Ministry of Agriculture of the Russian Federation received applications for support for construction projects of eight breeding and seed centers in 2022, said Roman Nekrasov, speaking at a scientific and practical conference for farmers in the Altai Territory.
“From 2016 to 2021, the Ministry of Agriculture of the Russian Federation supported 27 projects [of selection and seed centers]. This year, we received applications for [support] from eight selection and seed centers,” Nekrasov said.
According to him, the Ministry of Agriculture is taking measures to support investment projects for the construction of such centers, for which it is possible to attract credit resources at a rate not exceeding 5% per annum.
“There are capex — reimbursement of part of the capital costs for the construction of capital facilities. In addition, the government allocated 8,3 billion rubles for these purposes, including 325 million for breeding and seed production. They allow us to subsidize projects with a total value of 1,6 billion rubles. <...> For investment projects in breeding and seed production, which will be launched this year and completed in 2023, the level of compensation will be increased from 20 to 50%. The investor will be able to recover half of the costs incurred in the construction of the centers,” Nekrasov said.
He noted that inflation leads to an increase in prices for equipment for equipping breeding and seed centers. In this regard, the Ministry of Agriculture removed the restriction that allows reimbursement of costs for the construction of facilities with a capacity of no more than 20 thousand tons. Thanks to this, projects of centers in the Kursk region and the Stavropol Territory with a capacity of 86 thousand tons and more than 100 thousand tons, respectively, will be able to receive support.