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Stavropol agriculture received 38 bln RUB of investments in recent five years

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Nikolay Velikdan, First Deputy Chairman of the Regional Government, noticed that the industry demonstrated a significant growth in almost all sectors due to the active state support.

The major success was achieved in protected ground vegetables production. Greenhouse vegetables production has increased 4 times in recent 5 years. The region takes the second place by the supply volume in the country.

A significant breakthrough was achieved in agricultural production – from 13% to 23%. Average income of people in rural areas grew up to 30 000 roubles, meanwhile five years ago it was twice smaller. 38 bln roubles of state support has been received by the industry since 2014.

By the results of 2018, the Stavropol region was among the ten regions with the highest level of state support in agriculture. Last year 5.5 bln roubles was allocated to the industry. This amount is the sixth of the biggest in Russia.

To date, Ministry of Agriculture of the Stavropol Region is receiving applications for the preferential loans. Documents for the total of 7.3 bln roubles have already been provided. More than 150 applications were sent from the region.

Source: Pobeda 26

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