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Azerbaijani investors to be engaged in Russia’s Kislovodsk project

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Azerbaijani investors to be engaged in Russia’s Kislovodsk project

Azerbaijani investors will be involved in the implementation of a project in Kislovodsk, a spa city in the North Caucasus region of Russia, the Governor of the Stavropol region, Vladimir Vladimirov, told reporters on Thursday.


Today, President of Azerbaijan, Ilham Aliyev, received a Russian delegation headed by Vladimir Vladimirov in Baku, the presidential website reports.

“Over the course of a meeting Vladimir Vladimirov said that currently the construction of five health centers was carried out in the Stavropol region, one of which was implemented by Azerbaijani investors. The Governor stressed that the Prime Minister Dmitry Medvedev during his visit to the Stavropol region highly appreciated the project and assigned to involve Azerbaijani investors in a new project in Kislovodsk,” — the message reads.

In his turn, Ilham Aliyev stressed that such successful projects were an example of effective cooperation between the nations.

As it was reported earlier, in 2016, Azerbaijani Karat Holdinq began construction of a sanatorium and Spa center in Yessentuki, a city in the Russian region of Stavropol, located at the base of the Caucasus Mountains. The project is estimated at $25 million.

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