The Republic of Dagestan is an unique region with its climate conditions, scientific and economic potential, as well as its unique culture and historical traditions.
The presence of natural resources, developed transport and industrial infrastructure, favorable investment legislation, and most importantly – the multinational people of Dagestan hard work make the investment attractive region republic in southern Russia. Every year an increasing number of international and Russian business structures operating in Dagestan. Currently, a number of large investment projects in the country with the participation of domestic and foreign companies in such sectors as the building materials, hydropower, transport infrastructure, tourism and recreation and agriculture. This was made possible as a result of the investment policy pursued in the country.
The Republic of Dagestan is located at the junction of Europe and Asia in the eastern part of the Caucasus and is the southernmost region of Russia. It is bordered by land and the Caspian Sea to the five countries – Azerbaijan, Georgia, Kazakhstan, Turkmenistan and Iran, within the Russian Federation adjacent to Kalmykia, Stavropol and the Chechen Republic. The total length of the territory from north to south is about 400 km, area – 50,3 thousand square kilometers, the coastline length – 530 km. The climate is generally temperate continental and dry.
Republic is considered to be a region of water supply. The largest rivers are the Terek, Sulak and Samur. The rivers are widely used in the national economy of the republic for hydroelectric power, irrigation and water supply.
The potential for the development of recreation and tourism is defined by extensive sandy beaches on the coast of the Caspian Sea, warm sea, not polluted air industry, the abundance and variety of beautiful landscapes, natural monuments, objects of historical and cultural heritage, the presence of a variety of mineral springs (carbon dioxide, hydrogen sulfide, ferrous, radon and et al.), as well as the unique original culture and art of the peoples of Dagestan. In the coastal zone of the lake with common stocks of medicinal mud. This, above all, Makhachkala sulphide mud lakes, Big and Small Tour, Aji, Tipsus and others.
The minerals in the territory of the republic the greatest industrial importance are deposits of non-metallic raw materials (limestone, quartz sand, gravel, clay, gypsum, dolomite, marl, etc..), Oil and gas, including the Caspian Sea. Revealed deposits of non-ferrous metals, the largest of which (the second largest reserves of unexploited in Russia) – copper pyrite (with complex ores) field “Kizil-Dere”. Ores contain, in addition to copper, has a plurality of related elements, zinc, nickel, cobalt, cadmium, silver, gold, indium, bismuth, tellurium, beryllium, etc.
The republic’s economy
The economy of the Republic of Dagestan is a diversified economy with agro-industrial specialization, developed branch of manufacture of building materials and trade.
The main contribution to the formation of the GRP and the total tax revenues of the republic are making agriculture, construction, manufacturing, transport, communications and trade.
Favourable demographics, which is expressed in the sustainable growth of the working age population, provides the basis for economic growth in the development of production, and in the formation of the domestic demand for products and services.
Makhachkala international sea port, an international airport, rail, road and pipeline backbone of international importance key objects of transport infrastructure of the Republic of Dagestan are.
Makhachkala International Sea Trade Port is the only ice-free Russian port on the Caspian Sea, provides year-round flow of goods along transport corridors North-South and East-West.
Dagestan has a well developed network of roads paved roads with a total length of more than 8 thousand. Km.
In the region are highways “Caucasus”, Rostov-on-Don-Baku, Astrakhan – Makhachkala and others.
The railway network length of 878 km provides transportation of passengers and goods along the lines of the Moscow-Kiev-Baku and Baku. Railway Kizlyar-Karlanyurt is redundant highway linking the Republic of Dagestan of the Russian Federation with the center, which allows to significantly optimize logistics and turnaround time of goods between the European Union, Russia and Asia.