Karachay-Cherkessian Leader Rashid Temrezov signed a deal with Vnesheconombank to realize investment projects in the republic, ITAR-TASS reports.
Rustem Mirgalimov, chairman of the board of the Gruppa Razgulyay Holding, said that one of the projects is construction of a sugar factory in Erken-Shakhar belonging to his holding.
Ilgiz Valitov, director of the department for natural resources and construction of Vnesheconombank, and Sergey Lipatov, President of the Novoye Resheniye Company, attended the meeting of Temrezov and Vnesheconombank and informed the attendants about their visit to Karachay-Cherkessia and talks with partners. They discussed modernization prospects with authorities of the Yuzhny joint agricultural enterprise.