Dagestan attracts RUB 36 billion through implementation of investment projects

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The total amount of investments in 59 projects in Dagestan is RUB 470 billion. Of this total, RUB 36 billion have already been invested and 3,000 jobs have been created (with a total of 25,000 planned). The largest investments from investors will go towards the energy sector (RUB 78.7 billion), construction (RUB almost 31 billion), industry and trade (RUB 26 billion) and agriculture (RUB 21.2 billion).

The most capital-intensive investment project is the construction of Novolak wind power plant with a capacity of up to 315 MW. It is being implemented by NovaWind JSC with a total investment of RUB 52.4 billion. In the agro-industrial complex segment, the breakthrough and the most significant investment is the project of the largest orchard and fruit storage facility - Polosa LLC worth over RUB 11 billion.

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