The authorities of Kabardino-Balkaria have formed an investment portfolio of the republic for a total amount of about 200 billion rubles ($2.6 billion). According to the Minister of Economic Development of the republic Boris Rakhaev, 27 projects are in varying degrees of development and include several sectors of the economy.
"Today, the list of the largest projects being implemented and planned for implementation in Kabardino-Balkaria in leading sectors of the economy, such as manufacturing, agro-industrial complex, tourism, construction, information technology and energy, includes 27 projects with a total value of about 200 billion rubles",- Rakhaev said.
More details about the project can be found at this link : tass.ru (Russian language)
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