Republic of Ingushetia
Republic of Ingushetia

The Republic of Ingushetia is a subject of the Russian Federation and a republic within it, was formed on June 4, 1992. It is located on the northern slopes of the foothills of the Greater Caucasus Range, in its central part. It borders with North Ossetia, the Chechen Republic and Georgia. It consists of 4 districts. The capital is Magas. Ingushetia is the smallest region of the Russian Federation - 3123 km2. The population is 530,242. State languages: Ingush and Russian. The climate in the republic is continental. The relief is diverse - steppe and mountain, consisting of ridges separated by valleys and gorges. There are broadleaf forests. The total land area of the forest fund is 84.4 thousand hectares. The total stock of wood is about 11 million m3. The main river is the Sunja. The rivers Assa, Fortanga, Armhi, Guloikhi, Phaztonka, Chemulga also flow. There are deposits of oil (reserves over 60 million tons), natural gas, marble, dolomites, limestone-shell, high-quality brick clays, thermal therapeutic and mineral waters, as well as reserves of clean mountain spring water. There are also deposits of rare metals. Ingushetia is an agrarian-industrial republic, where 60% of the territory is occupied by agricultural lands, and half of them are arable lands. The economy is oversubsidized. .

The Republic of Ingushetia is implementing 5 breakthrough projects with a total budget of 22.7 billion rubles designed to significantly improve the economic situation.

The projects are aimed at developing industry, agriculture, tourism, IT industry and maintaining the ecological balance of the region. Key among them: a household chemicals plant, production of wastewater treatment systems and liquefied natural gas.

Implementation of the initiatives will create 980 new jobs in the republic.

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