Dagestan claims to finance a glass container project

The Republic of Dagestan has submitted an application to the Northern Caucasus Development Corporation to receive financial support for projects. This was reported in the press service of the Agency for Entrepreneurship and Investments of the region.

Gadzhimagomed Huseynov, First Deputy Prime Minister of Dagestan, submitted an application at the XIII International Forum and Exhibition "Transport of Russia", which takes place these days in Moscow.

The North Caucasus Development Corporation is a federal investment fund that provides financing for projects worth at least 100 million rubles.

The project, planned for support, was initiated by Dagestan Steklo Stara Tara LLC and its total cost is about 125 million rubles. The program aimed at modernizing the glass melting furnace in the glass packaging workshop to increase productivity from 140 to 160 tons per day.

Source: https://zoritabasarana.ru