South West | Industry, manufacturing

Kabardino-Balkariya passes $100m garden scheme

14 May '08
The administration in Kabardino-Balkariya today approved a multi-million-dollar investment project aiming to intensive develop of horticulture in the republic, Interfax-Yug reports.

Project officials say over three years investment into the project is expected to top $102m.

The project, passed by the city's Entrepreneurship Council, envisages setting up a 13-15 hectare experimental garden, with investment expected to be $102,000 per hectare.

According to plans the garden will then gradually expanded (up to 200 hectares in 2009 and 800 hectares in 2010-2011) to eventually cover an estimated 1,000 hectares.

The payback period of the project is estimated at five years.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Tags: garden (12) / Kabardino Balkariya (11) / horticulture (0) / Entrepreneurship Council (0) /

Latest News: South West
27 Apr '20 | Technology & innovation
19 Nov '19 | Technology & innovation
 

Feature stories

21 May '20
Russian and Italian researchers have developed a...
5 Apr '20
To extend the service life of medical fabric masksan...
26 Feb '20
A Russian developer has come up with its own...
Search (News archive - 21999)

World of the Future, World of AI

Luc Jones: A Guide to Doing Business in Russia and the CIS Countries
Why Russians Don't Smile
Advertising
Venture_Russia_2019_eng
Advertising
NATT
Advertising
Marchmont News

Latest News

28 May '20
A 21% average daily increase in the number of online...
27 May '20
A new compound has been synthesized in Moscow. Its...
26 May '20
Sberbank, Russias largest savings bank, has bought...

Most read stories from last week

26 May '20
Sberbank, Russias largest savings bank, has bought...
26 May '20
Interview with Michael Pochepsky, a resident of the...
26 May '20
Skolkovo resident Sputniks has agreed with the...