Azerbaijan intends to invest at least $2 million in the creation of a high-tech nursery in Dagestan, as well as in the creation of an olive orchard and the construction of olive processing facilities. The plans have been announced by the founder of S.R.Plast Ramin Seyfullayev.

It is anticipated that the nursery will be constructed in accordance with modern technologies. The first phase of implementation of the project will accumulate approx. $2 million. Additionally, the first olive grove on the territory of Dagestan is expected to emerge. The company also intends to establish an olive oil processing plant.

"Dagestan is currently highly attractive due to its investment potential. That is why we regard it as a strategic partner"  Ramin Seyfullaev is quoted as saying .