Three of the four joint projects in Dagestan’s City of Shoemakers footwear cluster have been fully completed. They are designed to produce goods that replace imports.
The cluster includes 13 footwear manufacturers. The four projects have a combined investment value of 415 million roubles and are expected to create 95 jobs. The three completed projects were funded from non-budgetary sources. The Ministry of Industry and Trade of the Republic of Dagestan provided support throughout their implementation.
One project established production of aluminium moulds for casting shoe soles, with capacity for 1 million casting cycles. It received 100 million roubles in investment and is expected to create 25 jobs. The investor is Boff LLC, with Ekko-Plast LLC participating.
