Economic stimulation of the development of complex productions for agricultural products processing in the region

Abstract

It is revealed that in the Volyn region in recent years the volume of agricultural exports has been increasing, which enhances the raw material orientation of the region, which in turn may lead to negative ecological and economic consequences in the future. Agricultural products produced in the region provide foreign processing enterprises with raw materials that come back to us in the form of finished products. It is substantiated that by stimulating the development of domestic agriculture, the state and local authorities for some reason pay little attention to stimulating the development of integrated productions operating on domestic agricultural raw materials. The raw material orientation of the Volyn region leads to increased extensive agricultural activities, which in turn may impair the level of ecological and economic development of the region. Given the low prices of agricultural commodities on the foreign market, it is advisable to increase the volume of exports of agricultural products with higher value added (finished products). The expediency and the basic directions of economic stimulation of creation and development of complex productions for in-depth processing of agricultural products in this region are proved. The main advantage of the creation and development of industries from the full cycle of advanced processing of natural resources is the preservation and increase of the amount of added value, which will contribute to increase of financial revenues to the budgets of territorial communities and the state budget in particular, increase of profits of processing enterprises, increase of employment of rural population, etc. It is concluded that it is necessary to develop integrated production of in-depth processing of agricultural products in the Volyn region. In this regard, additional financial resources should be attracted, first of all, to restore the fallen ones of the 1990s. or underdeveloped processing units of the agroindustrial complex of the region – flax processing, fruit and berry and canning production, vegetable drying, oil and fat production, livestock complexes for pig and cattle production, production of biofuel and food digestion.