28 investment projects in the Caucasus to receive state guarantees

28 investment projects in the North Caucasus Federal District are going to receive government guarantees, Yuga.ru reports.

The decision was made at a meeting of the state investment commission formed by representatives of the Ministry of Finance, the Ministry of Economic Development, the Ministry of Agriculture, the Ministry of Environment and other bodies.

It was also announced that the administration will spend 50 billion rubles in order to support investors.