The project will be implemented in several stages by 2030. The first facilities for rearing replacement chicks are planned to be commissioned in 2027, and the first facilities for producing hatching eggs will be commissioned in 2028.
"Our project will provide the region with its own high-quality poultry products, which is in line with the import substitution strategy and strengthening food security in the Far East. As a result of its implementation, our group of companies will achieve a full production cycle – from hatching eggs to finished meat products," said Sergey Timoshenko, CEO of “Primorskaya Ptitsa” LLC.
He noted that the project's implementation was made possible largely thanks to the incentives and preferences offered by the priority development area regime. Tax incentives, as well as administrative and infrastructure support from the FEDC, significantly increase the project's economic efficiency and reduce its payback period.