Approximately 35 billion rubles to be allocated for industry development in Dagestan

Makhachkala, September 22, 2015. About 35 billion rubles will be allocated for the development of Dagestan industry within the sub-program "Socio-economic development of the Republic of Dagestan for 2016-2025 years", the spokesperson in the republican Economy Ministry says. More than 2 billion 227 million rubles will be allocated from the federal budget.

Let us remind, that the Russian government has recently approved the sub-program "Socio-economic development of the Republic of Dagestan for 2016-2025 years" and the state program of the Russian Federation "Development of the North Caucasus Federal District until 2025". The subprogram provides implementation of a number of large projects and the development of engineering infrastructure to the industrial sites.

It is planned to establish a network of industrial parks in the 14 municipal formations of the republic in the next four years. According to preliminary estimation, as a result of program realization in 2025, the volume of industrial production will make more than 2 billion 909 million rubles a year, the amount of tax payments - 316 million 500 thousand rubles. Besides, 560 workplaces will be created.

It is also planned to build a complex of automobile production, a mineral fertilizers plant, a gypsum processing plant, a brick-making plant and several reinforced concrete plants.

At the same time, the federal budget allocates means for the development of engineering infrastructure to the investment platform "Tubae-2".

More than 32 billion rubles form the extra-budgetary funds will be involved in the implementation of a number of large investment projects such as  Caspian float glass plant OJSC, "Aviaagregat" OJSC, "Dagfos" JSC, "Marabi" LLC, "Azimuth"OJSC and others.