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Chinese businesspersons study opportunities to invest Dagestan

28 July 2015 11:22 Posted in:  POLITICS Source :  RIA Dagestan
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Makhachkala, July 28, 2015.  The Chinese investors are studying the opportunities to implement investment projects in Dagestan, the press service of Dagestani Head and government’s administration says.

As it is reported the investment projects of Dagestan have been presented to a group of Chinese businessmen within the framework of the meeting held in Makhachkala.

The Chinese delegation, headed by Ambassador Extraordinary and Plenipotentiary of China to the Russian Federation Lee Huei, considered opportunities to participate in the implementation of investment projects in different spheres such as agriculture, industry and construction of hydropower facilities.
Dagestan Prime Minister Abdusamad Gamidov pointed out that in the modern world it was very important to develop business ties among the Russian regions and the provinces of China.

"Today, we have to demonstrate our investment opportunities to the foreign colleagues and show them the priority activities for them" - the Prime Minister said.
In his turn, Lee Huei attached much importance to establishing specialized regional ties and contacts.

"The prospects for the development of Sino-Russian relations have been actively discussed within the framework of the Ufa summit between the heads of the two states. It should be noted that the trade turnover between the two countries for 2014 made $ 95.2 billion, which became 7% higher than in previous years. This year, we intend to increase this index to $ 100 billion, "- the ambassador stated.

Let us remind that investment opportunities of Dagestan in the field of agriculture, telecommunications, industry, renewable energy and tourism have recently presented to the Chines investors. In particular, the top officials appreciated the positive examples of cooperation with Chinese companies such as the small-sized trucks production based on the "Aviaagregat" OJSC.

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