STRATEGY OF SOCIO-ECONOMIC DEVELOPMENT OF THE NORTH CAUCASIAN FEDERAL DISTRICT UP TO 2025

he Strategy of Socio-Economic Development of the North Caucasian Federal District up to 2025 (The Strategy) specifies the main tendencies, ways and methods to achieve strategic goals of sustainable development and Russia's national security protection up to 2025 at the territory of regions included into the North Caucasian Federal District. These are as follows: the Republic of Dagestan, the Republic of Ingushetia, the Chechen Republic, the Republic of Kabardino-Balkaria, the Karachay-Cherkess Republic, the Republic of North Ossetia–Alania, and the Stavropol Krai.

 

Key indicators of the Strategy

The Strategy's implementation will include two stages. The first one is planned to be implemented in 2010-2012. It implies creation of all the required conditions for the further development of the District (the necessary national programs, investment incentives, and legal framework have been developed, and the structure of administering the District's development was worked out). Besides, the most important investment projects have already been launched, and the investment potential has been defined. The basic priorities within this stage are the following:

  • Support of implementation of the priority projects
  • Improvement of the investment environment (financial incentives, legal framework, and so on)
  • Development of new federal target programs, as well as the revision of the existing ones
  • Development and setting up the development institutions' performance
  • Implementation of a set of measures to work through new investment projects in accordance with the Strategy's priorities

Within the second stage of the Strategy implementation the following actions will be undertaken based on the developed instruments and mechanisms:

  • Attraction of private investments to upgrade the existing production facilities and creation of new jobs
  • Implementation of the selected investment projects
  • Large-scale development of social services (housing provision program, development of health care and education infrastructure)

 

DOCUMENTS

docStrategy of Socio-Economic Development of the North Caucasian Federal District up to 2025