Why is no investment going into Dagestan?

Why is no investment going into Dagestan?

"Why is no investment going into Dagestan?" Dmitry Medvedev asked Magomedsalam Magomedov, the president of the republic. According to President Magomedov, businessmen are not ready to invest their money into the Dagestani economy due to terrorism. President Medvedev thinks that is no excuse.

There are, in fact, other problems. One of them is corruption. It is quite evident that investors and corrupt officials make bad bed-fellows. However, neither Medvedev nor Magomedov knows how to cope with corruption. Corruption leads to a black market and no one will invest in a black market, so it's nonsense to call upon enterprise to invest in it.

 

Musa Musaev, Makhachkala. Exclusively to VK.

 

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