Chinese companies spent 176 million leased enterprise in Russian and 115,000 hectares of barren land for 49 years | | Russia wasteland _ news

Russia Transbaikal Krai news, recently Russia Transbaikal Krai Government and prosperous Russia and invest in China, Zhejiang, China signed the agreement about lease 115,000 hectares of barren land, terms of lease for 49 years. China 8th Czech resources in Russian and prosperous parent company's announcement confirmed this news.

　　Joint venture to grow feed grain

Under the agreement, China the Russian nation to the Transbaikal Krai Government lease located in the Krai 5 area of 65,000 hectares of barren land and 50,000 hectares of pasture are not yet open, heaths and pasture rent prices for more than 250 rubles per hectare per year (as of May 1, 2015 exchange rate equivalent to 31.25 Yuan/year). Term of lease for 49 years, leasing total amount of 24 billion rupees (about 176 million yuan).

According to local government sources, China and Russia State plans in the wasteland and undeveloped pasture and grassland agricultural production of the Sino-Russian joint venture plant feed, grain, oilseeds and other crops and herbs, will also develop animal husbandry and poultry industry.

Transbaikal Krai location is remote, there are plenty of spare land. The area in Russia South-East Siberia, Chita, capital of Moscow 6074 km. South and South-East of the Krai has 1500 km of the border with China and Mongolia.

　　Requires the use of environmental technologies

The lease amount of 24 billion rubles for the Transbaikal Krai is a "generous", according to Russia, local media reported, which is equivalent to Transbaikal Krai budget revenue a year.

Transbaikal Krai Government news, June 2, at the meeting adopted the decision of the Government of the area, decided to lease agreement of understanding was signed with Chinese companies. Under the agreement, the two sides will continue to study the prospects for the project, and to study its feasibility, risks and details.

Despite the huge amount, Transbaikal Krai Government informed very carefully. The District Government said, at this stage, it is necessary to assess the prospects of the project, and held a hearing with area farmers involved in the project. In addition, Governments in the region also stressed the agreement of several preconditions, including planting, livestock handling facilities to use environmentally friendly technologies and to expand local employment, attracting the involvement of local people. (Socomec)

　　Interpretation

　　In Russia leased the land to save the risk

To rent the land to Chinese or Chinese companies in Russia have faced controversy.

Russia for the development of the far East and in Siberia there is ambivalence, on the one hand wants to develop the economy, hopes foreign investment, on the other hand also to foreign capital and labor have defenses, was also worried that Chinese companies and farmers land pollution from excessive use of fertilizers.

As Russia domestic dispute, Russia policy instability for Chinese enterprises in Russia rent land facing the greatest risk.

Public diplomacy Institute at Jilin University scholar Sun Xingjie believes that for Chinese investors, improve the land-leasing laws and policies may be more attractive. (Socomec)

(Original title: Russia rent 115,000 hectares of barren land to enterprises)

The Beijing News