Investment Development Agency (IDA) was established to promote economic development in North Ossetia.
IDA activities are aimed at improving the investment attractiveness of North Ossetia, increasing competitiveness in domestic and foreign markets.

The Agency as the mechanism of PPP implementation

An important way to improve the investment climate in the Republic of North Ossetia-Alania should be the introduction of public-private partnership (PPP) and related development institutions. The Investment Development Agency established in the form of an open joint-stock company is a form of such partnership. The structure established as an open joint-stock company will allow efficiently addressing the tasks aimed at stimulating the investment activity and developing the system of public-private partnership in the Republic in contrast to the regulated public institutions.

Establishment of the Agency

The Government of the Republic was the initiator of the organization promoting the implementation of investment and industrial potential of North Ossetia. This initiative was supported by the largest Republican Bank – the Bank of Regional Development. On October 21, 2010, OJSC “Investment Development Agency of the Republic of North Ossetia-Alania” (IDA) was officially registered. The initial founder of the Agency was the “Bank of Regional Development” (OJSC). After an additional emission in March 2011, the shares of the Agency were distributed between the Government of the Republic and the Bank.

The Structure and the Management of the Agency

The supreme governing body is the General Meeting of Shareholders.
The General Meeting of Shareholders elects the Board of Directors of the Company.
The overall management of the Agency is undertaken by the Board of Directors.
The Board of Directors elects the General Director of the Agency.

Who are we?

The potential of our team combined with the practical knowledge of local peculiarities and administrative resources will allow proposing investors fresh ideas and deep knowledge on various issues related to investing and doing business in North Ossetia.

At present, four persons work in the Agency under the management of the General Director, including:

Director for relations with public authorities
Expert in investment projects monitoring
General Counsel
Chief Accountant

Services

The Agency provides the following services to the potential investors:


Thank you for your attention!