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Mining companies in the Far East will receive federal subsidies

Mining companies in the Far East will receive federal subsidies
Photo: pixabay.com

The Russian government will provide subsidies to two mining enterprises in the Far East. They will receive 1,6 billion rubles for the construction of infrastructure.

State support will be given to investors who build a mining and processing enterprise on the basis of the Pravourmiysky tin ore deposit in the Khabarovsk Territory and a mining and processing enterprise on the basis of the Nasedkino gold deposit in Transbaikalia. They passed a preliminary selection of 12 applicants.

According to the press service of the Ministry of Eastern Development and Development, an enterprise in the Khabarovsk Territory needs a dirt road from the village of Suluk to the field. Its length will be 87,8 km. The investor will receive a construction subsidy in 2021, after he has built this road at his own expense. The company itself will work by 2024. An investor in Transbaikalia will receive a subsidy for technological connection to a 110 kV transmission line and substation.

According to Alexander Kozlov, the head of the Ministry for the Development of the Russian Far East, the projects that have received support are being implemented in hard-to-reach places without infrastructure. State support will help investors and residents of the region who can use the received facilities.

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