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Opening remarks by Mikhail Mishustin:

Good afternoon, dear colleagues!

Strategic session on the protection of models of economic development of the constituent entities of the Russian Federation that are part of the North Caucasus Federal District

Today we have gathered to discuss in detail the further development of the North Caucasian Federal District, taking into account the tasks set by the President of the Russian Federation in the framework of achieving national goals.

This year we have paid increased attention to this area. Visited a number of regions in the county… We got acquainted with the situation on the ground in detail. June passed an important meeting in Pyatigorsk, following which the relevant instructions were given.

The district is not easy, with its own specifics and a high level of unemployment, with issues that have not found an acceptable solution for a long time.

It is obvious that it has a serious, unfortunately, not yet fully realized potential, and in a number of areas. There are huge opportunities for the development of various areas, including tourism, which we talked about in detail, and many segments of this industry – from purely health and sports to extreme.

History lovers will also find a lot of interesting things for themselves in various regions of the Caucasus. There is beautiful nature, land on which a powerful infrastructure can be created, including for the cultivation and processing of vegetables and fruits. There are all conditions for launching industrial projects. Not to mention the extremely favorable geographic location at the crossroads of the North-South and East-West global transit routes.

List of participants

List of participants in the strategic session on the protection of models of economic development of the constituent entities of the Russian Federation that are part of the North Caucasus Federal District, November 26, 2021

Of course, unlocking the full potential of the district will require significant effort, time and investment. It will be necessary not only to create a favorable investment climate. It is very important that all residents of the North Caucasus experience real changes. To improve their living conditions, there were opportunities for self-development, the growth of professional qualifications in accordance with modern market requirements.

On my instructions, the Ministry of Economic Development, together with the regions, has developed models of economic development. These models for each region should become the basis for management decisions, the formation of plans and programs that are aimed at achieving the national goals set by the President of Russia. Help determine how to get out of the current situation to the target values ​​on the horizon of 2030. The models include an assessment of the current demographics and the need for jobs, including in the framework of the legalization of the shadow sectors. In addition, they contain an analysis of the industry specialization of the North Caucasian Federal District as a whole.

Five key issues and the same number of breakthrough projects have been identified for each region. They will be most able to influence the growth rate of the output of goods and services, increase the income of residents and will contribute to an increase in investment in fixed assets, as well as an increase in the number of people employed in the economy.

In total, 35 projects have been developed aimed at developing the industries, which I have already mentioned. These are tourism, agriculture, industry and housing.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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