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Land bank for agricultural investment projects to be created in Primorye - EastRussia | Far East

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A land bank for agricultural investment projects will be created in Primorye

The authorities of Primorye will form a bank of free land suitable for agriculture. They will be issued for investment projects.

According to the vice-premier - the plenipotentiary of the president in the FEFD Yury Trutnev, agriculture has become one of the important directions of the development of the Far East. Primorye in this sector is a leader among other regions of the FEFD. According to the press service of the regional administration, now investors are implementing 16 projects in the field of agriculture in Primorye. They are all big, so there is not enough land. For this reason, and decided to create a land bank. Free resources will be combined to manage them and quickly provide for investment projects.

The plenipotentiary instructed the regional authorities to provide investors not only with land, but also with infrastructure: gas, electricity, roads, since the projects are expanding, and the Chinese market is opening for product sales.