October 5, 2010

Russia's Rostov inks US$0.86-billion pig farm deal

Russia's Rostov region has signed deals with investors on pig farm projects with a combined cost of RUB26 billion (US$0.86-billion), the regional governor said Monday (Oct 4).

In particular, the Russian agribusiness company Stanitsa plans to build a pig farm complex, a compound feed plant, and a slaughterhouse.

The complex is expected to produce 85,000 to 100,000 tonnes of pork per year. The project's cost is expected to total RUB19.7 billion (US$0.65 billion).

Russian Agroindustrial Trust (RAPT) is expected to build two pig farm complexes with a total capacity of 212,000 heads and a compound feed plant with a capacity of 80,000 tonnes per year, the service said. The project's cost is expected to total RUB6.3 billion (US$0.21 billion).