Saturday 02 July 2022

Republican
information
agency

Yusup Umavov meets with Chinese partners of "Dagfos" investment project

24 December 2015 12:59 Posted in:  BUSINESS Source :  R
Author:  Alesya Dibiralieva
font size-+
Print
Makhachkala, December 24, 2015. Yesterday, December 23, the Minister of Industry, Trade and Investment of the Republic of Dagestan Yusup Umavov met with Chinese technology partners of the investment project "Dagfos" who plan to take equity in the project.

The top manager of the company “Sigma Investment Holdings” Asong Fu and the deputy director for economics and finance of "Dagfos" JSC Sharapudin Magomedov attended the meeting with the minister.  

Opening the event, Yusup Umavov welcomed the guests and noted that Dagestan implements approximately 60 investment projects. "One of the priority projects relates to the production of sulfuric and nitric acids and concentrated mineral fertilizers at "Dagfos" JSC. We are ready to provide all necessary assistance to fully implement the project.

This is a priority for the region and the products of the company are focused on export markets of the nearby states. The republican authorities support the "Dagfos" in the form of security guarantees, the interest subsidies on loans and provide the regional and federal support measures.
412 jobs will be created after the launch of the project.  

Asong Fu thanked the Minister and staff departments for the hearty welcome. Asong Fu told about his recent visit to the plant where he examined the place for construction of the facilities:

"Now we collect all the information necessary for the implementation of the project and seek out the area to move the ammonia-urea complex. It is very important that the Ministry supports this project. We intend to send our experts to Dagestan. 80% of the cost of ammonia depends on the cost of natural gas, so we need to decide on the services related to the gas supply".

Following the event, the parties reached agreements on joint implementation of the investment project.



Больше важных и актуальных новостей в Telegram-канале РИА «ДАГЕСТАН». Подписывайся!
Total views: 2917

Other news:

20.06.2022 10:40:00 Melikov told about advantages of making Dagestan a leader in wine production
18.06.2022 07:49:00 Dagestan expands use of natural gas as motor fuel
17.06.2022 20:03:00 Sustainable system for solid waste management to be created in Dagestan
15.06.2022 16:32:00 Government of Dagestan announces launch of modern fish processing plant in Makhachkala
15.06.2022 16:12:00 Dagestan and "Russian ecological operator" sign cooperation agreement
06.06.2022 17:32:00 Dagestan authorities plan to create tourist cluster on Sulak River
04.06.2022 13:07:00 Dental implant better in quality and cheaper than its imported counterparts created in Kabardino-Balkaria
01.06.2022 22:11:00 Three Dagestan brands take part in international exhibition Textilexpo Kazakhstan
31.05.2022 06:39:00 Dagestan adopts new program to support construction materials industry
26.05.2022 21:56:00 First modular hotels to be commissioned in Dagestan by end of 2022
26.05.2022 21:46:00 Russians get massively interested in rest in Dagestan
23.05.2022 18:46:00 Dagestan to produce more vegetables
22.05.2022 10:53:00 Dagestan enterprise launches unique production of glass balls
18.05.2022 17:39:00 More than 15 new hotels built in Dagestan in 2021
17.05.2022 20:49:00 Business receives support in Dagestan
10.05.2022 19:37:00 First large solar power plant launched in Dagestan
09.05.2022 07:14:00 Dagestan glass plant to increase productivity up to 80%
02.05.2022 19:32:00 New power plants to be constructed in Dagestan
24.04.2022 08:50:00 Large plant for production of building materials to be launched in Dagestan
23.04.2022 12:16:00 Novak appreciates housing, communal services and energy sector development in Dagestan
18.04.2022 07:52:00 Industry Development Fund of Dagestan to receive additional funds
12.04.2022 18:36:00 Rosseti Northern Caucasus to reconstruct 27 substations in Dagestan
12.04.2022 11:05:00 Dagestan develops solar energy generation complex
10.04.2022 20:52:00 Livestock breeders of Dagestan receive record output of young small cattle
10.04.2022 20:44:00 Tourist routes creation strategy of Dagestan recognized best in country
07.04.2022 08:49:00 Dagestan to produce seeds for all of Russia
01.04.2022 07:43:00 100 hectares orchard being laid out in Dagestan
28.03.2022 09:09:00 Dagestan doubles capacity of fruit and vegetable storage facilities
23.03.2022 15:23:00 New meat processing plant to be launched in Kizilyurt district of Dagestan
19.03.2022 21:25:00 First solar station built in Dagestan

Videos

Archib - Only the roots alive vetvi

photoreports