Czech investors to build new poultry complex in Russia

Czech investors are planning to take part in a new large-scale construction project of a poultry complex in the Saratov region of Russia.

The initiative will be implemented by the Russian company Agrotechnologies. The general contractor of construction works is a Czech company, Vitkovice Revmont. The project was approved by the Board of Investments under the governor of the region.

The total output of the new poultry complex with a full production cycle will be about 31.5 thousand tonnes of poultry. The expected volume of investments is more than 10.7 billion rubles ($380 mln.) Annual tax payments to budgets of all levels will be more than 700 million rubles ($24.8 mln.) The project will be implemented in 2015.

“This complex will produce more poultry meat than is currently produced in the Saratov region. It should also be said that we are currently working on another competing project – the construction of “Michailovski” poultry farm, which should triple the production volume by 2014. This two projects will allow regional producers to fully meet the poultry needs of the region,” said Pavel Ipatov, governor of Saratov region.