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Presentation of investment potential of the Republic of North Ossetiya – Alaniya and of the Karachaevo-Cherkesskaya Republic

02.03.2018

On the 1st of March, 2018, the AEB held the Presentation of investment potential of the Republic of North Ossetiya – Alaniya and of the Karachaevo-Cherkesskaya Republic with participation of the RF Minister of North Caucasus Affairs Mr. Lev Kuznetsov.

The event took place at the Permanent representation of the Republic of the North Ossetiya – Alaniya.


The presentation was moderated by the Deputy Minister for North Caucasus Affairs Ms. Olga Rukhullaeva.

Frank Schauff, AEB CEO, made a welcome speech. He stressed the fruitful cooperation between the Ministry of North Caucasus Affairs and the AEB.

Vyacheslav Bitarov, Head of the Republic of North Ossetiya – Alaniya,  made a presentation of the investment potential of Alaniya. The region has several investment opportunities in agriculture and food production, building materials, hotels and tourism and other.

Rashid Temrezov, Head of the Karachaevo-Cherkesskaya Republic,  told the participants about the investment potential of the Republic in agriculture and food production, medical devices, building materials and other.

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The Minister of the Russian Federation for the North Caucasus Affairs Lev Kuznetsov noted the high potential of the region in the sphere of tourism, industry, the prospects for the development of medical and balneological treatment. 

The General Director of the Agency for Development of the Republic of Alaniya Pavel Ignatiev and Aliy Nakokhov, Minister of economic development of the Karachaevo-Cherkesskaya Republic, told about the competitive advantages for attracting investors to the republics.

The representatives of European businesses asked some questions about the production of construction materials, car production, and  the development of  tourism in the region.

Photo L-R: Frank Schauff, AEB CEO; Lev Kuznetsov, The Minister of the Russian Federation for the North Caucasus Affairs; Vyacheslav Bitarov, Head of the Republic of North Ossetiya – Alaniya; Rashid Temrezov, Head of the Karachaevo-Cherkesskaya Republic

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