Preliminary estimates expect the cost of the new plant to be about 1.5 billion rubles (US $ 50 mln). The press service of the governor of the region stated that regional authorities will allocate a grant of more than 1 billion rubles (US $ 33 mln.) for the construction cost.
Production capacity of the new plant is estimated to be 75,000 tonnes per year. Making, the new plant the largest enterprise for production of animal feed in the Northwestern Federal District.
According to experts the production cycle will be completely automated, requiring only 20 people to operate, while the quality of the product will be one of the best in Russia. The new plant will help regional manufacturers to solve the traditional problem of the Russian livestock, which lacks quality feed products.
“Construction of such plant in every region of Russia will significantly increase the stock number in the sectors of poultry and pig farming, because due to lack of forage producers are often forced to artificially constrain the growth of livestock, as there will be animals with simply no food," the Ministry of Agriculture of the Region said in a statement.
The feed mill is a joint project of the regional authorities and private investment.