72 investment projects worth RUB 494 billion rubles being implemented in Dagestan

2005
1 минута

The Republic of Dagestan currently implement 72 investment projects valued at over RUB 494 billion. These initiatives are projected to generate over 25,000 new employment opportunities upon completion. As of September 1, 2025, approximately RUB 82.2 billion rubles have been invested, resulting in the creation of around 3,000 jobs.

The projects span various key economic sectors within the republic:

* Industry and Trade: 15 projects totaling RUB 23.9 billion.
* Agriculture: 16 projects totaling RUB 27.9 billion.
* Energy Sector: 6 projects totaling RUB 85.9 billion.
* Tourism: 24 projects totaling RUB 18.2 billion.
* Fisheries: 2 projects totaling RUB 1.1 billion.
* Winemaking: 5 projects totaling RUB 7.4 billion.
* Construction: 3 projects totaling RUB 316.5 billion.
* Road Management: 1 project totaling RUB 13.3 billion.

As to Khajimurad Israpilov, head of the republican Agency for Agency for Entrepreneurship and Investments, a comprehensive set of measures is being implemented to attract investments, enhance the investment climate and establish favorable business conditions within the republic. These support measures include:

* Granting priority status to investment projects.
* Providing land plots for rent without bidding for large-scale projects.
* Subsidizing a portion of interest rates on loans.
* Compensating costs associated with project documentation development.
* Covering a portion of the expenses related to creating engineering infrastructure facilities.

This announcement follows a previous report by Vladimir Nadykto, Deputy Plenipotentiary Representative of the President of the Russian Federation in the North Caucasian Federal District, indicating a more than six-fold increase in the investment portfolio of the North Caucasian Federal District over the past five years, surpassing RUB 950 billion.

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