Kayakentsky District of Dagestan to produce juices and children’s food

A factory producing juices and children’s food will be built in the Kayakentsky District of Dagestan for 700 million rubles, СКФО.ру reports.

The government support for its construction includes tax benefits, investment tax credit, state guarantees for loans and development of business plans and state investments. 630 million rubles for the factory’s construction will be composed of loans.

Launching the factory in 2015 will allow the district to produce 300,000 decaliters of juices and 50,000 decaliters of children’s food a year.