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Largest market in North Caucasus Federal District opens on automotive highway "Kavkaz" near Makhachkala

30 October 2015 16:57 Posted in:  BUSINESS Source :  R
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Makhachkala, October 29, 2015. The largest market in the North Caucasian Federal District will be constructed and opened on the automotive highway "Kavkaz" in the suburbs of Makhachkala. It is expected to integrate all the retail markets of Dagestani capital that will further be removed to the new commercial and industrial area.

According to the Mayor's office representative, the unsanitary, the spontaneity of the work of urban markets and traffic jams in the city center urged the municipal administration to take such drastic measure.

Specialists of the Mayor’s office in Makhachkala had developed the «Big market on the highway» project. The project will create thousands of jobs, increase tax revenues to the city budget up to 100 million rubles a year. A business incubator established to render additional support for small and medium-sized businesses will operate on the territory of the new market.



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