Dagestan authorities to increase number of industrial clusters

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Makhachkala, December 11, 2017. The regional authorities plan to invest in development of the sector of economy associated with the possibility of attracting investment funds.

According to the press service of the Ministry of Economy and Territorial Development of Dagestan, the region will raise funds for the creation of 10 industrial parks until 2020.

The plans of socio-economic development of the region until 2020 envisages increase in funding of clusters on the basis of leading industrial enterprises through the creation of industrial parks and technology parks.

The increase in the number of parks will attract additionally 3.4 billion rubles of investments, create more than two thousand jobs and provide more than 300 million rubles of tax revenue per year.

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