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Two anchor investment projects in Dagestan’s single-industry town Kaspiysk will cost RUB 4.7 bn

15 January 2018
Two anchor investment projects in Dagestan’s single-industry town Kaspiysk will cost RUB 4.7 bn

Two new residents will join the Uytash investment site. One will establish the Kaspiysk industrial construction complex, while the other will transfer a forge & press and foundry workshops from the Republic’s capital Makhachkala, retool and expand its sales capacity.

It has been reported that the Uytash production-type investment site is being established as part of a single-industry town development programme for creating 850 jobs locally. The Single-Industry Town Development Foundation has allocated RUB 630 m in funding, with RUB 104 m already disbursed.

Source: http://tass.ru/ekonomika/4872019
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