"Construction of Energy Centre for the investment sites "Tube" and "Tube-2" investment project receives priority status

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Makhachkala, July 9, 2015. On Wednesday, July 8, the Prime Minister of Dagestan Abdusamad Gamidov chaired a sitting of the republican commission for tenders on provision of state support to the investors implementing investment projects on the territory of the republic.

The government officials considered a question of granting priority status to the investment project "Construction of the Energy Centre for the investment sites "Tube","Tube-2". The director general of the LLC "Caspian float glass plant - Energy" Vladimir Shcherbakov expounded on the presented investment project.

"The project is designed to provide the electricity to the industrial cluster enterprises created in the settlement of Tube in Kumtorkalinsky district of Dagestan in the immediate vicinity of the city of Makhachkala" - Shcherbakov said.

As noted by the speakers, the exact implementation of the investment project of the LLC "Caspian float glass plant - Energy" will provide a reliable and efficient energy supply to the industrial cluster enterprises "Tube" and "Tube-2." "The synergistic effect will increase the economic efficiency of the projects and will help to attract new investors to the site. The designed costs for grid connection and tariffs will be lower than the existing ones on the territory of Dagestan" - Vladimir Shcherbakov added.

Having listened to the reports, Abdusamad Gamidov underlined that the successful implementation of the project will contribute significantly to the economic development of Dagestan. After exchanging views, the members of the commission unanimously decided to support the investment project and grant it the status of priority investment projects of the republic of Dagestan.

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