Chechnya chooses priority investment projects

Chechnya has chosen 54 priority industrial, energetic and agricultural facilities and service providers that are yet to be created, the Chechen government reports.

The projects include the construction of a refinery to process 1 million tons of oil a year, a factory producing lithium-ion batteries, a shoe factory in Grozny, small dams, wind power plants, a Grozny thermal power plant, 11 generator facilities, new funds of the Fagus Chechen Forest Enterprise, dairy cluster, animal-breeding facilities, greenhouse of Sovkhoz Rodina, a confectionary and grocery at Urus-Martan, construction of the Veduchi Resort in the Itum-Kalinsky District, Sernovodsk-Kavkaz Resort in Sernovodsk, Vodolechebnitsa Health Center in Grozny, Kezenoy-Am Sports and Tourism Center.

Realization of the projects will provide over 20,000 people with jobs.

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