Dagestan allocates RUB 92 million for state support and development of factories

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Dagestan authorities have allocated RUB 92 million for state support for industrial enterprises. In 2024, the volume of government assistance to project initiators seeking to modernize their existing factories and industrial facilities has been increased. Consequently, 11 companies have been granted government support aimed at enhancing their production capacities through grants for the acquisition of new equipment. According to the regional Ministry of Industry and Trade, job creation and business support remain among the priorities of the republican government. These efforts have contributed to an increase in industrial production in Dagestan by over 7% in 2024.

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