Mission and objectives
The North Caucasus Development Corporation (NCDC) was established in 2010 to develop the investment environment in the North Caucasus Federal District (NCFD) by attracting investors and participating in investment projects in the district.
Our mission is to create a successful investment business to stimulate the economic development of the North Caucasus region.
Our top priorities are to support the implementation of the government development program for the NCFD, raise investment for the district and create new jobs.
The economic potential of the district, which is based on its geographic location, its favorable climate and its natural and human resources – along with the government’s long-term strategic regional interests – create a platform for social and economic development as well as growing investment opportunities.
The Corporation has the following objectives for 2011-2015:
- support at least 120 investment projects in the NCFD
- build its own investment portfolio consisting of 30-40 projects
- raise at least RUB70bn in private investment (both debt and equity), which will create up to 35,000 new jobs
To achieve these objectives we are developing our investment and advisory business.
The Corporation is a brand-new structure for the North Caucasus district that combines the interests of domestic and international investors on the one hand, and government authorities on the other hand, in order to guarantee efficient project implementation and increase return on investments in the district.
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