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Dutch investors plan to provide funds for onion production in Penza region

17:57 | 12.05.2016 | Economy


Penza, 12 May 2016. PenzaNews. Representatives of the Dutch family-owned company Triumfus Onion Products expressed their intentions to engage in long-term cooperation with the Penza region and invest in planting onion production in the region during their meeting with the governor Ivan Belozertsev on Thursday, May 12.

Dutch investors plan to provide funds for onion production in Penza region

Photo: Pnzreg.ru

In turn, Ivan Belozertsev pointed out that the Penza region actively develops its agriculture and has a large number of foreign investors in the agricultural production sector.

“They enjoy incentives from state and regional authorities and good harvests; they are satisfied with the comfortable business conditions, and intend to further expand the plantation areas. Right now, we are actively working on reintroducing farmable land into farming. In a year or two, there will be no unused land left – all of it will be used for farming,” he said.

Also, the governor stressed that the Penza region has onion-growing facilities, and, with that in mind, suggested the investors to work on creating a foundation for production of planting onions.

“If you are interested in planting onion production, you will enjoy a guaranteed demand. Our neighbors – the Saratov, Samara and Tambov regions and Mordovia – are also developing their agriculture, have a lot of farmable land, and need planting onion,” the head of the region explained.

The Dutch investors told the head of the region that their investigation into the regional soils reassured them that the project has potential.

In conclusion of the meeting, the parties agreed to negotiate the mutually beneficial conditions for future cooperation, says the press service of the Penza region government.

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