|Other Media | SalmonBusiness: Russia to invest in the Arctic and will provide government aid for salmon brood facility|
Tuesday, February 02, 2021
Investment planned in Murmansk region.
In a press release on Monday, Russia Prime Minister Mikhail Misjustin has signed a decree related to the plans for six large state-backed projects in the Russian Arctic. One of these projects is a salmon and trout breeding facility in the Murmansk region.
According to the government, the state subsidy for each of the projects will be up to 20 per-cent. One of the prerequisites is that the project in question costs at least 300 million rubles, which is around EUR 3.2 million.