Chechnya to present 53 projects at Sochi Investment Forum

Chechnya to present 53 projects at Sochi Investment Forum

Chechnya will present 53 projects worth a total of about 170 billion rubles at the 12th International Investment Forum Sochi-2013, ITAR-TASS cites Chechen Minister for Economic Development and Trade Abdul Magomadov.

Realization of the projects would provide over 21,000 people with jobs. The projects include construction of the Akhmat Tower at the Grozny City complex, a factory producing car components, the Grozny Sea Sports and Health Complex and the Veduchi Skiing Resort.

Chechnya will be represented by Prime Minister Abubakar Edelgeriyev at the international forum on September 26-29.

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