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Kokov and Nazarov discussed the economic development of Kabardino-Balkaria

On Saturday, January 6, the Deputy Minister of Economic Development of the Russian Federation Sergei Nazarov and the head of the Republic of Kabardino-Balkaria Kazbek Kovakov discussed the issue of socio-economic development in the republic, the press service of the Head and the Government of the Republic reports.

Kazbek Kokov thanked colleagues from the federal ministry for their support and attention to the regional economy. He noted that in the last five years the flow of tourists to the Republic has doubled, while the volume of services provided has increased 2.8 times. Taking into account the tendency, the Republic is faced with the task of creating a holiday complex all year round, in light of which issues of infrastructure development and attracting investors remain topical.

Sergei Nazarov stressed the importance of effective cooperation with the Republic on infrastructure development issues.

The participants in the meeting referred in detail to the design of water and sewage systems in the areas, modernization of the electricity supply. As part of the issue, the meeting discussed the implementation of the state program of the Russian Federation "Development of the Federal District in the North Caucasus", in which 10 investment projects worth a total of 3.5 billion rubles were implemented in the Republic from 2018 to 2020.

Source: Kbrria

Left: Kokov and Nazarov visits mount Elbrus