Thursday 23 November 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: 566

Other news:

16.11.2017 22:56:37 Largest cargo terminal in south of Russia opens in Dagestan
15.11.2017 23:03:05 Dagneft JSC increases net profit in 2017
14.11.2017 02:10:30 Rice farmland area increases in Dagestan
10.11.2017 20:05:51 Bitcoin payments to be accepted in Makhachkala
10.11.2017 19:33:36 Deposit of gold found in Dagestan
10.11.2017 19:24:27 "Makhachkala-Manas" highway to be reconstructed in Dagestan
08.11.2017 18:22:37 Official Ford dealer center opens in Makhachkala
01.11.2017 13:21:54 Road construction output increases in 2.5 times in Dagestan
30.10.2017 18:35:58 Dagestan farmers achieve record harvest of grapes
30.10.2017 18:29:23 Crimean builders take interest in production of Dagestan manufacturer
24.10.2017 13:16:45 Dagestan meat-packing plant to supply halal meat to Iran
24.10.2017 10:27:08 Plant for production of juice concentrate to be constructed in Dagestan
24.10.2017 10:17:51 Volume of agricultural production increases by 4% in Dagestan
19.10.2017 09:01:24 Commodity producers of North-Caucasian Federal District to participate in "Dagprodexpo-2017" exhibition
11.10.2017 07:18:37 6 regional operators to manage solid waste in Dagestan
11.10.2017 06:55:52 Makhachkala Airport increases passenger traffic
10.10.2017 02:14:49 Dagestan authorities restore irrigation system of Stary Terek Canal
04.10.2017 15:39:01 Dagestan Development Corporation announces competition among young businessmen
21.09.2017 04:37:58 Makhachkala to host multimedia exhibition “Van Gogh. Living canvases”
21.09.2017 04:18:29 Agricultural production growth makes 3% in Dagestan
19.09.2017 15:25:58 Approx. 650 thousand square meters of housing built in Dagestan
19.09.2017 15:13:37 Dagestan authorities to establish regional fund for industrial development
18.09.2017 13:47:40 One more airline carrier starts working in Dagestan
17.09.2017 14:50:46 Dagavtodor to construct new bridge across railway track in Buinaksk
10.09.2017 19:39:23 Italian investors to build international aparthotel in Dagestan
07.09.2017 09:37:34 More than 20 emergency bridges to be repaired in Dagestan by the end of 2017
07.09.2017 09:26:17 Dagestan increases volumes of alcoholic beverage production
28.08.2017 23:29:29 Dagestan hosts "Invest in the Caucasus" business session for entrepreneurs
28.08.2017 22:51:50 11 franchise applications submitted to Dagestan Development Corporation
24.08.2017 20:58:49 More than 1 million residents of Dagestan get access to electronic services

Videos

Archib - Only the roots alive vetvi

photoreports