Makhachkala, November 8, 2016. Yesterday, during a four-day seminar-meeting, conducted by the Russian Ministry for Affairs of the Northern Caucasus in Yessentuki, Dagestan presented the investment projects applying for a state support within the framework of the state program of North Caucasus Federal District at a four-day seminar-meeting, conducted by the Russian Ministry for North Caucasus Affairs in Yessentuki, the press service of the Ministry for North Caucasus Affairs informs.

According to the spokesperson, a seminar-meeting, devoted to the progress of implementation of the regional investment projects within the sub-programs "Development of the North Caucasus Federal District" for the period up to 2025, was held under the leadership of the deputy Prime Minister for the North Caucasus, the chairman of the Board of Directors of "North Caucasus Development Corporation" OJSC Odes Baisultanov.

The leadership of the Resorts of the North Caucasus - Director General of the Corporation Sergei Kharitonov and the deputy General Director Ilya Yakunin, as well as representatives of the executive authorities of the regions of the North Caucasus Federal District attended a meeting.

Dagestan was represented by Dagestan Minister of Economy and Regional Development RD Rayudin Yussufov, Dagestan Minister of Industry and Trade Yusuf Umavov, as well as representatives of the Agency for Entrepreneurship and Investment RD.

By results of the official sitting, about RUR 13 billion 700 million will be allocated for the implementation of the State program of the North Caucasus Federal District development until 2025. More than RUR 500 million will be allocated for the regional investment projects.