Azerbaijani investors to support four projects in Dagestan

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Makhachkala, December 6, 2016. In Dagestan, four projects are implemented with the participation of Azerbaijani investors, the head of Dagestan agency for entrepreneurship and investment Bashir Magomedov says.

"We have four major projects with the participation of Azerbaijani investors and have already signed an agreement" - Magomedov is quoted saying.

Magomedov noted that one of the projects worth approx. 2 billion rubles initiated by the "Yugagroholding" JSC, envisages the construction of a large greenhouse complex. At present, the first phase of construction of 5.5 hectares of greenhouses is nearing to completion.  

The large greenhouse complex has to be put into operation till the end of 2016. Besides, the complex will consist of several facilities for the production of steel structures and sandwich panels.

"Dagestan peasant farm “Urozhay” and Azerbaijani company have signed an agreement to build a greenhouse complex worth 300 million rubles," – Magomedov commented.

The head of Dagestan agency for entrepreneurship and investment told about the decision of the Azerbaijani investors to support the construction of another greenhouse complex and a plant for the production of steel structures for greenhouses in the coming years.

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