Caspian Invest Group, an investment company from Azerbaijan, has signed an agreement with the Dagestan Entrepreneurship and Investments Agency on the realization of large projects in this Russian republic.
The project includes the construction of a high-capacity greenhouse complex within a period of 3.5 years, the regional press office told Construction.ru.
The area will be between 300 and 700 hectares. Apart from this, a joint logistics center and an Azerbaijani mall are planned to be erected in the Republic of Dagestan.
Dagestan is located in the North Caucasus region of the Russian Federation. Its major industries include oil production, chemicals, machine building, and food processing. The Republic's agriculture includes grain-farming, viticulture and wine-making.