Makhachkala, December 15, 2014. The head of Guarantee Fund for small and medium-sized enterprises of the Republic of Dagestan Rustam Abulmuslimov took part in the XII Regional Investment Congress entitled "Regions in the fight for the investor: best practices" in Moscow, the spokesman reports.

As to R. Abulmuslimov, the congress, organized by the rating agency "EXPERT RA", aimed at stimulating businesses and investment activity in Russian regions.

Speaking about the investment attractiveness of the region, the head of Guarantee Fund pointed out that Dagestan was the largest and fastest growing region of the North Caucasian Federal District, where conditions for the implementation of various investment projects had been created.

"In the first half of 2014, about 820 jobsites were created and more than RUR 1.5 billion spent within the implementation of investment projects. In the current year, another eight investment projects are scheduled to be completed with a total investment value of more than RUR 6 billion. To date, the investment portfolio of Dagestan consists of 48 projects with a total investment capacity of RUR 196 billion and 96 business ideas worth RUR 185.5 billion, the implementation of which is expected under the aegis of the republican government " - R. Abulmuslimov resumed.

It should be noted that the congress was attended by the representatives of relevant federal ministries of Russia, Russian and foreign investors, the representatives of regional authorities, development institutions, industrial parks, , business associations and financial institutions and specialized media (150+ participants).