Development of intensive crop cultivation and soy processing in Stavropol Region (Avangard)

 

 

Name Development of intensive crop cultivation and soy processing in Stavropol Region (Avangard)
Region
The Stavropol Territory
Initiator
AVG Capital Partners
Total capital investments
USD 132 mn
NCDC equity contribution
USD 25 mn
New jobs created
100 direct and 200 in related businesses
Annual taxes
RUB 345 mn

 

The first stage of the project includes crop production with the use of irrigation systems. Soybeans and corn will be grown on a total area of 20,000 ha, using intensive farming techniques. 16,000 ha of the crop production area will be equipped with modern center-pivot irrigation systems. The project also envisages the construction of elevators with drying and cleaning functions (loading capacity: 110,000 tons) and hangars for storing machinery.