Dagestan allocated 3.8 thousand hectares of land for the implementation of 28 investment projects without tenders, the chairman of the republican government Abdulmuslim Abdulmuslimov says. According to the top official, the republic has developed an economic development plan that includes new measures to support investors. First of all, the land plots will be allocated without tenders.

Last year, land plots were granted for the implementation of 9 projects with the total investment of more than RUB 3.5 billion. Abdulmuslimov added that the regional authorities also provide subsidies for businesses to cover interest payments on loans used for investment projects financed through borrowed funds.