A new investment project initiated by the Caspian Sanatorium is currently being implemented in Dagestan. The Agency for Entrepreneurship and Investment of Dagestan reports that the investor plans to invest RUB 1.6 billion, mostly from their own funds, into the project aimed at expanding the tourist and recreational complex.

The investor's plan includes the construction of additional buildings and recreational facilities. As to Ali Aliyev, the director general of the sanatorium, six 12-story buildings with 1,200 rooms will be built as part of the project.