Tuesday 27 June 2017

Republican
information
agency

Ali Shakhbanov: "Introducing ASI standard will kickstart attracting investment to Daghestan"

30 June 2014 14:14 Posted in:  BUSINESS Source :  RIA"Dagestan"
font size-+
Print
Makhachkala, June 30, 2014. Introducing the standard of the Agency of Strategic Initiatives will help investors influence the authorities’ vision of implementing the standard’s clauses and give momentum to attracting investment to Daghestan, CEO of the "North Caucasus Federal District Builders’ Guild" and head of the ASI’s expert group Ali Shakhbanov told RIA "Daghestan".

He said the ASI standard aims at improving the investment climate in Daghestan to ensure a steady investment flow, provide economic growth, raise living standards and security level, and create a comfortable life environment for people living in Daghestan.

"Despite the regulations we have adopted to improve the investment climate, today’s investors are not active enough in implementing investment projects in the republic. We have to take concrete measures guaranteeing business and investment security and create a positive image of Daghestan entrepreneurs and entrepreneurship," Ali Shakhbanov said.

He added that they needed to eliminate high administrative barriers, reduce the time of awarding permits and simplify this procedure, eliminate redundant procedures in urban planning, and establish a system of supporting innovation in Daghestan economy. Another problem was providing highly qualified personnel for Daghestan development strategy programs. Shakhbanov said there were no mechanisms of cooperation between authorities, educational instiyutions, self-regulatory organizations, and businesses in staff’s training, retraining, their internship and employment in industries.

According to Ali Shakhbanov, there was no clear strategy for energy security and no program for modernizing the power grid with no mediation to provide customers with cheap rates. Neither were there areas available for package building provided with engineering and social infrastructure. Moreover, long-term loans are still hard to take out, the long interest rates are large, and the mortgage reserve fund remains insufficient for small and medium businesses.

"Establishing a regional bank of the republic’s development with public ownership would greatly boost improvement of the investment climate in Daghestan," he concluded.


Total views: 471

Other news:

24.06.2017 03:14:46 Chinese tourists to visit Dagestan
14.06.2017 19:26:49 Medical equipment of latest generation to be shown in Makhachkala
14.06.2017 15:15:25 Dagestan tourist potential to be presented at Beijing exhibition
09.06.2017 22:53:27 Three investment projects to be implemented in Dagestan in 2017
08.06.2017 23:22:55 Battle robots created in Dagestan
05.06.2017 13:59:26 Dagestan authorities expect growth of industrial production
31.05.2017 20:30:56 Tourist routes of Dagestan to be promoted in Beijing
31.05.2017 19:19:39 American businessmen choose best innovative project of Dagestan
25.05.2017 19:35:41 573 hectares of intensive gardens planted in Dagestan this spring
23.05.2017 05:05:19 Industrial parks earn 2.8 billion rubles in Dagestan
18.05.2017 15:07:45 Head of Federal Agency for Fishery arrives in Dagestan on working visit
17.05.2017 12:24:36 Dagestan producers participate in import substitution exhibition in Crimea
16.05.2017 04:28:40 Full-scale fish-breeding enterprise to appear in Dagestan
15.05.2017 10:31:38 Milk processing workshop opens in Kizlyarsky district of Dagestan
11.05.2017 20:41:10 Over 4 thousand tons of greenhouse vegetables harvested in Dagestan
05.05.2017 00:17:02 Dagestan enters top ten Russia’s regions with best labour protection conditions
02.05.2017 15:29:20 Dagestan purchases new road maintenance equipment
22.04.2017 23:57:13 Iranian holding to build rice processing plant in Dagestan
22.04.2017 23:52:07 Dagestani Head takes part in Third Congress of Peoples of Tatarstan
22.04.2017 23:42:38 Wild pear lemonade to be produced in Dagestan
18.04.2017 17:25:30 State Duma deputy and vice premier of Dagestan meet with truckers
11.04.2017 18:15:55 Sycamores’ alley planted in Makhachkala airport
11.04.2017 17:31:57 Azerbaijan and Dagestan discuss cooperation in tourism sector
11.04.2017 17:21:57 Dagestan produces wool carpets to pursue import substitution policy
08.04.2017 13:30:07 Economic and cultural relations between Russia and Iran discussed at round table in Makhachkala
07.04.2017 23:14:17 Two greenhouse complexes to be built in Dagestan
06.04.2017 15:27:26 President of Azerbaijan visits Dagestan pavilion at tourist exhibition in Baku
04.04.2017 18:18:57 Dagestan chilled beef and mutton to be sold at Iranian market
04.04.2017 18:12:37 Iranian manufacturers to supply products to Dagestan
04.04.2017 17:59:13 Dagestan winemakers enter Italian market

Videos

Archib - Only the roots alive vetvi

photoreports