Russia: Investors to bankroll huge greenhouse complex in Arctic city

The Norilsk Greenhouses Company will invest about 700 million rubles ($11.6 million) in construction of a big greenhouse complex in Norilsk, the company's co-founder Yevgeny Klachkov told TASS.

"Right now we continue the geology works and works on connecting the infrastructures, and then we shall begin construction of a greenhouse complex of the fifth generation," he said. "The complex will take 1.5 hectares, and the investments will be about 700 million rubles."

The company plans putting the complex's parts operational in stages, which will take 2.5-3 years.

"This means, during the first year we shall make ready 0.5 hectares, next year - another 0.5 hectares, and so forth," the co-founder said.

The complex will produce about 350 tonnes of tomatoes and 100 tonnes of cucumbers. "Thus, the city will depend less on vegetables supplied from other regions," the businessman said. This year, he continued, the company has opened in the city a greenhouse complex worth 100 million rubles ($1.6 million) to grow salad, dill, parsley and basil.

Source: TASS