Investors from China intend to grow rice, vegetables and soft fruit in the Chechen Republic, as well as to develop tourism. By the end of the year it is planned to build an eco-village in the Shelkovskaya district, – has announced the Head of the region Abdulkakhir Izrayilov. The project is implemented by the head of the company Silky Way Jiang Baojun. It involves the construction of greenhouses, fish and bird farms, as well as facilities for recreation and tourism, – said Izrayilov…Full Article: Fresh Plaza Oct 2014

Key Point

  • A total of 220 hectares of farm land has been allocated for the venture, with an initial investment of approximately RUB 165 million (~US$ 4 million).

ChinaAg Comment

  • In the neighboring Republic of Dagestan, from 2004 to 2011, the area of rice under cultivation increased from 7,000 ha to 12,000 ha.

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