Korean Investors Intend to Invest into the Economy of Dagestan

Makhachkala, August 23, 2012. Today, the deputy Prime Minister RD Rizvan Gazimagomedov has met with the representatives of Korean companies Eurasia Energy Holdings, Korea Ratings, Wori Bank, and Hyundai Development Company in Makhachkala.

The objective of visit of Korean businessman is to examine the investment sites of Dagestan within the framework of the project "Resorts of the Northern Caucasus" as well as to establish business contacts between the Republic of Dagestan and the Korean companies not yet involved into Dagestani projects, unlike, for example, Eurasia Energy Holdings PTE.LTD, which is sure to work within the project "Resorts of the Northern Caucasus".

Opening the meeting, Rizvan Gazimagomedov greeted visitors and shared development plan for the nearest future. "Today 20 large investment projects are being implemented in Dagestan. In particular, the project of the Caspian float glass plant worth more than 10 billion rubles as well as the...


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