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

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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.

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