Russia considering 1.3 billion ruble investment in aquaculture next year
SEAFOODNEWS.COM [Interfax] - September 26, 2014 -
ST. PETERSBURG. Sept 26 (Interfax) - Additional financing for the development of aquaculture in Russia could total 1.3 billion rubles in 2015, First Deputy Agriculture Minister Igor Manylov said at a round table on the development of the fisheries sector in Leningrad Region on Thursday.
This money would go into disease control measures, subsidies for interest rates on loans for businesses in the sector, financing of infrastructure construction and connection of businesses to engineering networks.
Manylov said the problems facing the development of the fisheries sector include worn out capital assets, a shortage of financial resources among businesses in the sector and technical backwardness.
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