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About the Caucasian Investment Exhibition

About the Caucasian Investment Exhibition

3-4 May 2023 the 1st Caucasian Investment Exhibition was held in Mineralnye Vody, which has become a platform for the presentation of investment projects and opportunities of the regions of the North Caucasus Federal District (NCFD).

The exhibition was held with the support of the Ministry of Economic Development of the Russian Federation and gathered more than 3 thousands of participants. The exhibition was attended by guests from 14 foreign countries: Azerbaijan, Venezuela, Israel, Iran, Kazakhstan, Qatar, Republic of Abkhazia, Republic of Cyprus, Republic of South Ossetia, Serbia, Slovenia, USA, Tajikistan and Sri Lanka.

Deputy Prime Minister of the Russian Federation Alexander Novak, what "…The North Caucasus Federal District has a unique potential to boost economic growth: young, rapidly growing population, favorable climate, fertile soil, good geographical position».

As part of the business program, round tables were held for two days, discussions and meetings, dedicated to infrastructure, agro-industrial complex, tourism and logistics industries. Deputy Prime Minister of the Russian Federation Alexander Novak took part in their work, Plenipotentiary Representative of the President of the Russian Federation in the North Caucasus Federal District Yury Chaika, Governor of the Stavropol Territory Vladimir Vladimirov, heads of the republics of the North Caucasus, heads of public authorities, representatives of Russian and international companies, youth and scientific communities. In particular, issues discussed, devoted to viticulture and winemaking, tourism, the role of the ITC "North-South" in the economic development of the territory, the ceremony of canceling a postage stamp was held, dedicated to the resorts of the Caucasian Mineralnye Vody and a series of stamps “Resorts of the North Caucasus”. In total, the program of the first Caucasian investment exhibition included more than 20 business events, dedicated to the issues of integrated development of the North Caucasus Federal District in key areas: agro-industrial complex, tourism, Transport and Logistics, banking sector, Housing and utilities and energy, industry, human resources and entrepreneurial potential. The central event of the business program was the plenary session “Economic potential of the North Caucasus Federal District. The role of investments in the development of the macro-region».

On the initiative and with the participation of the North Caucasian Federal University (SKFU) sessions "Youth Entrepreneurship: technological startups", "Youth policy of Russia: strategic priorities", "Success stories: career realization and personal brand», "Opening the Caucasus: student expeditions as a long-term investment».

In the main exhibition exposition of the exhibition were presented 20 stands of regions and countries, as well as commercial companies, operating in the North Caucasus Federal District. The Republic of Dagestan presented its investment projects, Republic of Chechnya, The Republic of Ingushetia, Republic of North Ossetia-Alania, Republic of Kabardino-Balkaria, Republic of Karachay-Cherkessia, Stavropol region, as well as the Republic of Abkhazia and South Ossetia.

The central area of ​​the exposition was the united stand of the Development Institute "Caucasus. RF". It showed plans for the development of resorts in the North Caucasus and key investment projects of the macroregion. The stands reflected the concept of "Caucasus from sea to sea" with easily recognizable geographical and historical objects, conveying the uniqueness of each republic and the unity of the regions of the North Caucasus Federal District.

At the exhibition of the delegation of the Stavropol Territory, Ingushetia and North Ossetia presented five investment projects each. In particular, Stavropol Territory showed projects, including such directions, like the chemical industry, wind power generation, logistics, development of the agro-industrial complex and the tourist and recreational potential of the region. projected, that these projects will attract from above 711 billion. rubles of investments and will create more 38 thousand. new jobs. Governor of the Stavropol Territory Vladimir Vladimirov signed four Cooperation Agreements at the exhibition: with PJSC Rosseti North Caucasus, which will provide electricity to new facilities; with Federal Corporation for the Development of Small and Medium Enterprises JSC to provide additional financial assistance to businesses and simplify the provision of state support; with Rosagroleasing JSC, which will help to simplify the receipt of finance for the purchase of equipment for farmers and build a plant for the development of horticulture in the region; with PJSC Sberbank, which will contribute to the development of artificial intelligence technology in the Stavropol Territory.

The Stavropol Territory establishes ties with neighboring countries. On the first day of the exhibition. Vladimirov met with Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Federation Kazem Jalali. As a result of the meeting, an agreement was reached on, that the Stavropol Territory will cooperate with Iran in the sphere of turnover of agricultural products. In autumn. Vladimirov will visit Iran on a business visit. As a result of the meeting, a working group was formed, which will deal with the establishment of relations with one of the Iranian regions. They also plan to cooperate in the development of tourism potential.

Five projects were presented by the delegation of Ingushetia. They are aimed at the development of the agro-complex, tourism, solar energy generation technologies, metallurgy and production facilities. Projects developed within the framework of the economic development model, adopted in 2021 year. Their total cost is 13,5 billion. rubles. The head of Ingushetia, Mahmud-Ali Kalimatov, signed four agreements with banks and the management of an investment company for the production of treatment facilities.

North Ossetia also demonstrated five projects in the field of logistics, agrocomplex, fish farming, tourism and recreation with an estimated value of more than 64 billion. rubles. In total, more than 50 agreements worth over 150 billion. rubles.


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