Penza, 24 January 2012. PenzaNews. Members of investment council of the Penza region decided to render financial support from the local budget to four projects in the territory of the region.

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Opening the meeting which took place on Tuesday, January 24, chairman of the government of the Penza region Andrey Andreev noticed that the main functions of the council are analysis, selection and consideration of the projects which could have investment agreements with the regional government.

General director of Kamensk industrial complex of bakery products Michael Semenov was the first who presented the project. He informed that now installation of the new equipment proceeds at the enterprise.

“Project volume production is about 60 tons a day. Project cost is 298 million rubles, 90 million roubles has already been invested,” Michael Semenov has explained.

Members of investment council decided to render state support to the project of APO “Penza grain company on building pig complex per 4 800 breeding sows”.

The cost of pig complex which is planned to have 100 thousand pigs a year production is 1 715 million rubles.

Besides, it was decided unanimously to support building of LLC “Narovchatsky” cattle-breeding complex for 3600 heads of horned cattle and LLC “Megaferma” cattle-breeding complex of dairy for 1 200 heads.