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The head of the JAR discussed a business plan with an Israeli investor in a regional project

Governor of the Jewish Autonomous Region Alexander Vinnikov met with representatives of the Israeli company "LR Group" LTD, which is implementing a project to build a dairy complex for 1200 heads of dairy cows and a milk processing plant with a capacity of 55 tons of milk per day in the Smidovichi District of the Jewish Autonomous Region. The payback period of the project will be up to 15 years, almost a hundred jobs will be created for livestock breeders, the press service of the regional administration reports.

The project of the Israeli company is the first from the JAR to be included in the list of priority areas of priority development, which will ensure further provision of state support from the federal budget for the creation of its infrastructure. With these funds, it is planned to build roads, engineering communications and social facilities, which will be a significant help to investors and cheapen the implementation of the investment project.

At the meeting, the sides discussed issues of reducing the time for preparing a business plan. Alexey Zarubin, the manager of the branch of Sberbank of Russia in the EAO, who was present at the meeting, also confirmed his desire to facilitate the prompt passage of the necessary investor documentation and the opening of a credit line. According to Mark Veltman, Director for Eastern Europe of LR Group, the company is interested in the earliest possible acquisition of the status of an investor in the priority development area project and will try to do everything possible to take advantage of the relevant preferences already in 2015, which will be provided for by the emerging federal budget.

Also raised were some issues of providing the dairy complex with animals of high productivity, attracting personnel and training them in Russia and Israel, industrial relations with producers of the region and others.

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