Experts of Russian Ministry of Economic Development and Trade monitor implementation of investment projects in Dagestan

The representatives of the Department of Socio-Economic Development of the North Caucasian Federal District of the Russian Ministry of Economic Development and Trade arrived in Dagestan for the field monitoring of investment projects implemented in the region under the sub-program "Socio-economic development of the Republic of Dagestan for 2016-2025" of the state program "Development of the North Caucasian Federal District".

The experts accompanied by the deputy Minister of Economy and Territorial Development RD Shamil Ammaev and the first Deputy Head of the Agency for Entrepreneurship and Investment RD Guseyn Guseynov visited the LLC "Mathis" and the LLC "Yugagroholding" enterprises.

LLC "Mathis" is initiator of the investment project "Construction of plant for the production of gypsum and gypsum-containing building materials in the industrial zone of the village Kafir-Kumukh of the Republic of Dagestan". The total project cost makes 1 billion 168 million rubles. The number of new jobs to be created is 208. The average annual tax payments to budgets of all levels is expected at approx. 130 million rubles. As of today, the technology is fully certified at the facility. The first stage of the project is being put into operation. Besides, the equipment for production and packaging of the main type of finished product - gypsum construction (binder), as well as plaster and gypsum boards is installed.

Yugagroholding LLC is implementing the investment project "Construction of a modern greenhouse complex with a total area of 11.5 hectares". The cost of the project is 556 million rubles. Technical readiness is 76%. The first stage of the project on 5 hectares has been launched. It created 36 jobs out of 196 planned.

At the moment the second stage on 6.5 hectares is in progress. The construction and assembling works on steel structure installation, construction of administrative and household building and landscaping have been completed. Moreover, the driveways for the greenhouse unit have been completed, the polycarbonate for the enclosures of the greenhouse unit has been purchased and the work on a storm drainage system to collect runoff from the roof of the greenhouse unit has begun.
The experts of the Russian Ministry of Economic Development and Trade also intend to visits the infrastructure and social facilities constructed as part of the Caspian flotilla relocation program.

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