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Economy/Business
25 January , 15:33

Russian Ministry of Agriculture reoriented to support large dairy projects

Bashkiria has taken a course toward the creation of industrial farms.

Russian Ministry of Agriculture plans to support the most “efficient and financially sustainable projects” from 2024, head of the department Dmitry Patrushev said at the XIV Congress of the National Union of Milk Producers.

According to him, these are projects designed for farms with at least 1,000 cows. “We see that the profitability of these projects is one and a half to two times higher than the profitability of smaller projects, and the payback period, respectively, is much shorter,” - he said.

A delegation of Bashkortostan led by Deputy Prime Minister - Minister of Agriculture Ilshat Fazrakhmanov also took part in the forum. He noted that back in 2022, the department took the direction towards large livestock projects - it is planned to build 50 industrial dairy farms in the region by 2030. With such a farm, an average enterprise can earn up to 500 million rubles a year.

According to the Deputy Prime Minister - curator of the Bashkir agro-industrial complex, 20 investment projects for the construction of industrial dairy farms are now in the active phase of implementation. Some of the facilities have already been put into operation.

“The task of building 21 industrial farms by 2024, set by the Head of the Republic Radiy Khabirov in the 310th Decree, is achievable. We are starting to plan and build several dairy complexes in the coming years to bring the number of such facilities to 50 by 2030. We need to determine the points for constructing such farms in the regions already in 2023. We see that federal funding will be directed precisely at such projects. The development of large farms will increase milk production and provide products for the republic and other regions,” commented Ilshat Fazrakhmanov.

Translated by:Tatyana Aksyutina
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