New capacities for storage and delivery of agricultural raw materials are being created in Russia
Innovation & Technology
Published Mar 29, 2024
Tridge summary
In Russia, there's a concerted effort to improve grain storage and transportation infrastructure to cater to the growing demand from China and African countries. This includes investments in modern elevators, development of rolling stock and terminals, and the adoption of mobile storage solutions. The government is backing these initiatives with preferential loans. Additionally, the vegetable and potato sectors are undergoing modernization of storage facilities, aimed at increasing production and exports, with some of the costs being offset by state subsidies. These developments are crucial for enhancing Russia's agricultural export capabilities.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Market players are investing not only in the construction of elevators, but also in the development of their own rolling stock Russia has enough grain storage capacity - more than 166 million tons, Olga Polozyukova, Deputy Director of the Department for Regulation of Agro-Industrial Markets of the Russian Ministry of Agriculture, said at the conference "Elevators of Russia - 2024". However, according to her, the number of elevators capable of sending large quantities of grain by rail is insufficient. Therefore, now in the industry there is a tendency towards the construction of modern elevators, which can ensure full-fledged grain shipment and have their own infrastructure. Market players are beginning to invest not only in the construction of elevators, but also in the development of their own rolling stock and the construction of terminals. Several serious projects have been implemented recently, for example in the Krasnodar Territory, which has a whole network of deep-sea ...
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