`YESHIM TEKSTIL` major project in Dagestan
The President of Dagestan Magomedsalam Magomedov met with representatives of the Turkish company `Yeshim Tekstil` discussed the prospects of the investment project #39;Textile Production in the Republic of Dagestan#39;. , REGNUM reported the press service of the President of the Republic.
`I am very pleased that a world famous company considers an interesting project on the territory of Dagestan. For our part we will provide all the necessary government support, including the provision of government guarantees, interest rate subsidies#39;, - the guests Magomedsalam Magomedov.
CEO Yeshim Tekstil Shank Senol stressed that the republic they plan to carry out the largest ever reaches beyond Turkey#39;s investment project.
In the event of the successful implementation of the republic will receive 4,500 new jobs and textile production with the release of 500 kinds of products. Investments will amount to $ 350 million. Annual turnover also be 350 million dollars.
All necessary certificates for environmental safety are available, the company plans to adopt the practice of so-called #39;zero discharge#39;. Turkish businessmen also visited the production site in Kumtorkalinskiy area.