Investment in Chechen fixed capital reaches 30 billion rubles

Investment in Chechen fixed capital have grown 168% in the first 9
months of this year, compared to the same period in 2009, the
press-service of the Chechen government says. The Chechen Minister of
Economic Development and Trade, Abdula Magomadov, said that the
indicator reached 30 billion rubles, Gazeta.ru reports.

He noted that the main source of investment into fixed capital is the
attraction of finance. In the first 9 months of 2010 they amounted to
96.6% of total investment.

The republic participates in international economic forums and
exhibitions in Saint-Petersburg, Sochi, Cannes and Berlin every year
to improve the investment climate in Chechnya.