Chechnya: socio-economic round-up

Chechnya: socio-economic round-up

Utilities, real estate, budget, oil, factory-farm enterprises.
Chechnya switches over to energy saving

Chechnya is the first republic in the North Caucasus to switch over to energy saving. From now only energy saving lamps will be used for  street lighting in the capital, Grozny.

Market in four years

Construction has been resumed on a market complex in Koshkeldy in the Gudermessky District. Storage rooms, restaurants and a network of
grocery shops are being built. Construction started in 2006, when over 4,000 shops were built.

Chechen branch of Rosneft

Rosneft’s board of directors has decided to establish a branch in Chechnya to provide for the construction and operation of a petroleum refinery. It became known in January that construction work on the petroleum refinery (with an annual output of 1 million tons) is to start in 2011 with the participation of Rosneft. The refinery is due to be launched in 2013.

Allowances for triplets and centenarians

According to a resolution passed by the Chechen government, 1,000 roubles is to be paid a month to families who have a third child. The
sum will be paid until the child reaches sixteen and will rise in line with inflation The same sum will be paid to citizens aged 100 or over.

Balanced budget

The budget of Chechnya for 2010 is deficit free. The forecasted total is almost 57 billion rubles (some $1.94 billion), including just over 52 billion rubles of non-repayable funds from the federal budget.

Youth Business School

The Youth Business School is a project developed by the Chechen government Committee for Youth Affairs. Within the framework of the
project, free training will be provided in business planning, workshops, in the course of  which experts will give advice on founding small-scale enterprises . People aged from 18 to 35 years intending to start their own business can participate in the project.

Project participants are to write and defend their business projects.
The best 15 students will receive grants amounting to 300,000 rubles (just over $10,000).

Control over construction and reconstruction works.

An integrated infobase of objects of capital construction will be started in Chechnya. According to the order by the head of the Chechen
government, the base has been created to ensure efficient management, control and analysis in the republic’s territory, as well as for the
planning of the construction complex development.


Vaynakh  Telecom to introduce WiMax

The Vaynakh Telecom company has obtained a license to introduce WiMax technology in Chechnya as the result of the tender held by the Federal
Service for Supervision in the sphere of communication and mass communication. A company official told VC that the implementation of
the project would allow the company to solve the problem of providing the republic’s citizens with quality communication and wireless broadband Internet access.

Red Cross micro-loans

The International Committee of the Red Cross (ICRC) is ready to carry out a program of allocating micro-loans to the inhabitants of Chechnya. Last year, the ICRC allocated 800 micro-loans. The loans have been used in particular to provide financial assistance in rebuilding homes destroyed during the two Chechen wars.

Technical real estate inventory

The Department of the Russian Federal Tax Service for Chechnya is preparing to hold a complete technical real estate inventory. According to the Tax Service, about 70% of real estate has no appropriate documents of inventory valuation.
"The last time such an inventory was held in Chechnya was more than 20 years ago. This has led to the fact that the cadastral value of land, currently used as a tax base for calculating land charges, has been set too low in the republic and so local budgets receive substantial
less than they should receive,” a source in the department said.

Officials frighten villagers

Officials from the district and settlement administrations are conducting homestead inspections and registering all domestic poultry and livestock. In connection with this fact, rumors have begun spreading across the republic  that the activities of municipal officials  are aimed at subsequent taxation. However, the Chechen minister for agriculture has moved to calm fears: “The livestock is registered in order to create a normal statistical data base, so that we can get a clear picture of the livestock and poultry population,” he said.

Hockey in Chechnya

The first multipurpose sports complex with a large ice-hockey arena in the North Caucasus Federal District will be built in Grozny in 2001.
the sports centre will also have an indoor soccer ground pitch with a capacity of 2,000, a 25-meter swimming poll and tennis courts.
"The ice arena will meet the requirements of the NHL. In the near future, the republic will form a hockey team of its own," project organizers promise.

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