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Russian government provides additional support to investment projects in Far East

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Russian government provides additional support to investment projects in Far East

Russian Prime Minister, Dmitry Medvedev, said that when these projects were completed, over 1,000 jobs are expected to be created at the enterprises, TASS reports on Thursday.

The Government of the Russian Federation intends to adopt a draft decree stipulating the program of state support, which is planned to be additionally provided to three investment projects in the Russian Far East. This is what Russia’s PM, Dmitry Medvedev, said at a session of the Government on the 25th of August.

“The matter concerns establishing the cut timber production facilities, grain storage and a seed producing unit, as well as construction of a gold mine. There are considerable state investments, but, at the same time, there are much more considerable private investments,” said Mr Medvedev.

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