New Land Grain Corridor Group of Companies

New Land Grain Corridor Group of Companies

New Land Grain Corridor Group of Companies, led by the company of the same name, implements the New Land Grain Corridor program supported by the President of the Russian Federation, the Chairman and the Government of the Russian Federation, the Russian-Chinese intergovernmental commissions and the Eurasian Economic Commission.

The parent company of the NLGC Group (www.NLGC.ru) is a strategic holding company — it owns shares, invests, determines development strategy, and coordinates external and internal communications that ensure the achievement of target indicators.

The New Land Grain Corridor program is of strategic importance and has been repeatedly discussed by Russian and Chinese leaders as part of the Eurasian Union and the Silk Road Economic Belt.

Our countries are involved in establishing a new land grain corridor, which will contribute to the expansion of exports of Siberian grain to China and other countries of the Asia-Pacific region. Such diversification of transport and logistics routes is fully in line with the concept of interfacing Eurasian Union and the Silk Road Economic Belt.

Vladimir Putin:

President of the Russian Federation

NLGC Group is a co-executor under the «Plan of deep cooperation in the field of soybeans», signed June 5, 2019 in Moscow between the Ministry of Economic Development of the Russian Federation, the Ministry of Agriculture of the Russian Federation and the Ministry of Commerce of the People’s Republic of China, the Ministry of Agriculture and Rural Affairs of the People’s Republic of China, which refers to large-scale projects with a significant multiplier effect both for the economies of the regions of implementation and the growth of foreign trade.

The New Land Grain Corridor Program is implemented in the target regions of the Russian Federation:

1. development of contract manufacturing of grain, grain legumes and oilseeds;
2. creation of grain processing and storage infrastructure — a network of linear grain elevators (in 7 Federal Subjects of Russia);
3. creation of export infrastructure, at the first stage — construction of ZABAIKAL GRAIN TERMINAL (www.SibGrain.ru).

NLGC Group — more than 50 billion rubles of private investment and more than 100 billion rubles of tax deductions to the budgets of all levels in the period from 2022 to 2033.