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Investor intends to develop the aquafarm in Primorsky Territory
Thursday, January 25, 2018

Investor intends to invest more than 6 billion rubles in the creation of the aquafarm in Primorsky Territory.

The company “Star of the East” applied for the status of a resident of the Free Port of Vladivostok. As part of the preferential mechanism, investors intend to implement a project in the Primorsky Territory to grow scallops, mussels, kelp, sea urchin and trepang.

It is planned that the sea plantations will be located on the southern coast of Primorye in the bay of Krakowka. The farm for breeding and growing particularly valuable species of marine hydrobionts can produce up to 13.5 thousand tons of products per year. Seafood with high consumer qualities will be presented in the food market of the region.

“We plan to receive the first harvest in 2021,” - Aleksey Lukanin, General Director of “Star of the East” LLC, said.

By the moment the project of a potential resident has been approved. It is expected that the total investment in the creation of a new production will be more than 6 billion rubles. The new enterprise will create 191 jobs.

According to the information of the Far East Development Corporation, within the framework of the implementation of the federal law “On the Free Port of Vladivostok”, signed by Russian President Vladimir Putin in 2015, they have already concluded about 400 agreements with residents of FPV in Primorye for a total of more than 350 billion rubles with the prospect of creating more than 30 thousand jobs in the region.

According to a press release issued by the Government of Primorsky Territory