Potato production within the Sverdlovsk region will be supported by funding from the Russian government, Oblastnaya Gazeta recently reported.
Officials from the Sverdlovsk region will invest federal funds in several of the agricultural sector’s large investment projects, especially potato breeding. Mikhail Hooves, the minister of Agribusiness and Food in the Sverdlovsk region, said the project pertains to a breeding center that will produce 10 thousand tons of seeds each year from top-quality potatoes.
Russian companies currently import 95 percent of the country's potato seeds. Due to penalties and exchange rates, this step in the import substitution program is vital to the Sverdlovsk region. Led by Ural Potato and a new chain of vegetable stores, the program will help ensure that the region’s food needs will be met through local production.
In addition, officials have outlined the construction plans for grocery stores and logistics centers. Experts estimate that by 2020 the new greenhouse vegetables will produce 56,000 tons annually, 5.7 times the current greenhouse production rate.
In 2015, the Sverdlovsk region will invest more than $79 million (U.S.) of the regional and federal budget in developing its agribusiness and food import substitutions.