Dagestan sets historic record for investment

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Addressing a gathering dedicated to the topic of infrastructure support for investment projects, Sergei Melikov, the Head of Dagestan, stated that the volume of investments in the region reached unprecedented volume in the past two years.

“This achievement is undoubtedly the result of support provided for the initiatives implemented at the municipal level. However, we acknowledge the existence of obstacles hindering the full realization of investment projects. One of the primary challenges identified is the limited infrastructure capabilities.

Despite various governmental support measures, investors continue to face difficulties such as energy supply issues, insufficient capacity, a lack of gas distribution facilities, water sources, and sewage treatment plants. These factors significantly diminish the attractiveness of the region for investment” – Melikov said.

The gathering participants explored strategies for overcoming infrastructure barriers and creating a more hospitable environment for investment in Dagestan.

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