South West | Farming, agriculture

M-Industry to build $325m agroindustrial park in Adygeya

3 Jun '09
St. Petersburg firm M-Industry is to invest $325m building an agroindustrial park in the Republic of Adygeya, news agency RIA Novosti reports.

The park is reportedly to be located on a 60-hectare site in the regions Teuchezhsky district along M-4 Don fedral highway.

Under the project, the park is to have facilities to process, storage and sell agricultural products, including plants, refrigerator storages, logistics complexes, greenhouses, office centers and malls.

Timeframes for the project have yet to be announced.
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