04 февраля 2026 г. 923

JSC GIAP takes part in a strategic project for construction of nitrogen fertilizer plant in the Chechen Republic

GIAP became an active participant of a large-scale investment project — construction of nitrogen fertilizer plant in the Chechen Republic.

”The project for construction of nitrogen fertilizer plant in the Chechen Republic was initiated by Ramzan Kadyrov, the Head of the Chechen Republic, Hero of the Russian Federation and was supported by the President of the Russian Federation Vladimir Putin who encharged the Government of the Russian Federation with a task […] to review and support this project …”, - said Rustam Shaptukaev, the Deputy Chairman of the Government of the Chechen Republic - Minister of Economic and Regional Development of the Chechen Republic.

The main target of the project implementation is creation of a state-of-the-art nitrogen fertilizer production plant meeting actual requirements of environmental and industrial safety.

Among expected social and economic effects – creation of about 1000 new jobs, development incentives for the industrial sector of the Region and strengthening of economic potential of the Chechen Republic.

The project is under active elaboration with participation by the relevant authorities and financial institutions.

JSC GIAP specialists are involved into elaboration of the issue with respect to key production technologies, development of potential schemes of project implementation and preparation of the feasibility study.

During the video-conference meeting, Rustam Shaptukaev, the Deputy Chairman of the Government of the Chechen Republic — Minister of Economic and Regional Development of the Chechen Republic said that as of today a project office involving relevant specialists has been organized, trading company “Chechenazot” has been established, technical assignment for feasibility study development has been agreed upon with potential credit investors - VEB.RF, VTB and Gazprombank.

“All documents – financial model, marketing strategy, conclusion on initial audit of the project have been already submitted for approval to the Federal agencies of executive authority and financial institutions (VEB.RF, VTB, Gazprombank). Besides, an application has been sent to the Ministry of Economic Development of the RF to include this project into the register of the projects of the Intergovernmental Russian-Chinese Commission. The Government of the Chechen Republic and the project office of JSC Chechenazot perform all necessary activities within the project implementation. Today, during the meeting we reviewed in detail several crucial issues and defined further steps by responsible parties”, - he added.

The project work is being carried out within the national project “Infrastructure for life” aimed to achieve the target values of the national objective “Comfortable and safe environment for life”. The construction of the plant will become a driver for development of industrial sector of the Chechen Republic, will strengthen food security of the Region and the country in general