Economic development priorities in Chechnya

According to official statistics, the highest level of unemployment in the first month of 2011 is still registered in the North Caucasus Federal District (NCFD) – 16.2%. (6.6% in Stavropol Krai, 12.4% in Kabardino-Balkaria and Dagestan, 47.5% in Ingushetia and 42.7% in Chechnya). VK already told its readers about the projects that are aimed at solving this problem in Chechnya, and today we will tell about the development of business, transport and communications in the republic.

Allocations to small business development rose considerably this year (670 million rubles). A special Fund was created to help smaller enterprises in their development by giving special one-year credits. 40 million rubles are already borrowed from the Fund.

The Chechen Ministry of Economic Development is optimistic on the subject: according to its data the number of smaller enterprises is already growing and the number of people employed by them reached 25 000.

Federal program of social and economic development of Chechnya for 2008-2012 years stipulates that 365 150 people will be employed in the economy sphere of the Republic this year, 399 240 the next and 433 540 in 2013.  The number of unemployed should decrease from 297 000 to 233 180 by 2013.

As for the sphere of public transport, the “Grozny” airport will be reconstructed to meet international standards. The Grozny-Nazran-Beslan-Minvody highway along with some other roads will also be restored. Railroad and its infrastructure reconstruction are also on the agenda. Private enterprises are expected to participate in the effort.  Some 17 objects of Republic’s public transport facilities are to be restored this year. 705 million rubles are allocated to these activities.

 ‘Rosneft’ company plans to construct a new oil-processing facility in Grozny, and that will also boost cargo-transporting operations in the Republic.

In the sphere of mass communication the number of cell-phone users is expected to increase. Information technologies development is also on the list of priorities.

Timur Utsaev. Exclusively for VK.