Far East | Farming, agriculture | Industry, manufacturing

Primorsky region to support fish companies with $22.5m

5 Oct '10
Authorities in Primorsky region have approved a $22.5m program to support fish processing companies, regional officials report.

The program, scheduled to run in 2011-2013, is reportedly to be financed from the regional budget, with $6.2m to be allocated in 2011, $7.3m in 2012, and $9m in 2013.

Under plans, the funds are to be used to give subsidies to fish processing firms to redeem part of interest rate on bank loans and to compensate part of expenses on production of goods from water bioresources.

As a result of the finance, production of fish products in the region is expected to grow by 2.6 times by 2013 to 136,900 tons.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Primorsky Krai

Tags: fish (66) /

Latest News: Far East
1 Dec '21 | Technology & innovation
27 Oct '21 | Technology & innovation
20 Oct '21 | Technology & innovation
3 Sep '21 | Finance, business | Transport, logistics
 

Feature stories

27 Dec '21
An innovative hybrid plate for cranial defects...
24 Nov '21
Cerebral vascular disorders are responsible for a...
8 Oct '21
Chemists at the St. Petersburg State University...
Search (News archive - 22911)
Technology Scouting Solutions For Industry
NATT
Advertising
Marchmont News

Latest News

20 Jan '22
A research team at the Samara Polytechnic University...
18 Jan '22
A scientific team in the West Urals has come up with...
14 Jan '22
A new device, developed by a Russian start-up and...

Most read stories from last week

20 Jan '22
A research team at the Samara Polytechnic University...
21 Jan '22
19 Jan '22
A Russian startup and international company...