Dagestan JSC "Gadzhiev Plant" intends to fully complete the process of transferring the enterprise to the new site – from Makhachkala to the industrial park "KIP Prom Caspian" by 2027. For this purpose, the facilities for the production of machine building parts, as well as buildings for relocation of existing workshops on the area of 7.2 hectares is under construction.

It is expected that about 1.8 billion rubles of own funds will be allocated for the project implementation. According to the regional Ministry of Industry, the first stage of the new foundry has already been put into operation and two melting furnaces have been moved from the plant in Makhachkala to the new location.

Due to the change of location, the company intends to increase the production of industrial products - steering machines, pumps for the oil and gas industry, butterfly valves, gate valves, oil and gas valves, etc.